Examlex
In which of the following couples did differences in earnings cause the greatest power differences?
Marginal Cost
The money spent on producing another unit of a product or service.
Cartel
A coalition of suppliers or manufacturers aimed at preserving elevated price levels and reducing competitive pressures.
Marginal Cost
The upsurge in total expenditure associated with the fabrication of one further unit of a good or service.
Cartel
A formal agreement among competing firms to control prices, limit output, or divide markets to gain an advantageous market position.
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