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What Obstacles Might a Group of Oligopolists Encounter in Forming

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What obstacles might a group of oligopolists encounter in forming a cartel?


Definitions:

Gold

Gold is a precious metal that has been used historically as a medium of exchange and is widely held as a form of investment or hedge against economic uncertainty.

Troy Oz.

A measurement unit for valuable metals, with one troy ounce being roughly equivalent to 31.1035 grams.

Gold Mine

An excavation or operation aimed at extracting gold from the ground, often involving both open-pit and underground methods.

Ounce

A unit of weight used in some countries, typically equal to one sixteenth of a pound or about 28.35 grams.

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