Use the following diagram. Which of the following statements is correct? 
A) A cartel would be least successful if supply were represented by S₁.
B) A cartel would be least successful if supply were represented by S₂.
C) A cartel would be least successful if supply were represented by S3.
D) A cartel would be most successful if supply were represented by S₂.
Correct Answer:
Verified
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