When deciding on output levels, members of a cartel A. Set their output where MR=MC B. Produce the same level of output as if they were in a competitive market C. Take into account the impact of changes on members' profits D. Act as if they were monopolies.
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Home » Business » When deciding on output levels, members of a cartel A. Set their output where MR=MC B. Produce the same level of output as if they were in a competitive market C. Take into account the impact of changes on members' profits D.