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Why have most cartels failed despite the fact that firms in a cartel are able to achieve higher profits?
Observable Behavior
Actions or reactions of an individual that can be directly seen and measured.
Psychoanalysis
A therapeutic approach originated by Sigmund Freud that seeks to explore the unconscious mind to understand and treat psychological disorders.
Psychological Laboratory
A controlled environment designed for conducting scientific research and experiments in psychology.
Leipzig
A city in eastern Germany, known for its cultural heritage, including music, and historically significant as a major center for the study of psychology.
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