Which of the following attitudes will be held by a typical firm in a typical cartel?
A. If I alone cheat, I’m better off; if everyone cheats, I’m worse off.
B. I can never do better for myself than by following agreed-upon cartel policies.
C. If everyone cheats, I’m better off and so is everyone else in the cartel.
D. If I suspect others are planning to cheat, I’ll do best for myself by deciding not to cheat.
Answer: A
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