Question: Lets tie together this chapters story on incentives with Chapter 15s story about cartels. Suppose your economics professor grades on a curve: The average score

Let’s tie together this chapter’s story on incentives with Chapter 15’s story about cartels. Suppose your economics professor grades on a curve: The average score on each test becomes a B–. If all of the students in your class form a conspiracy to cut back on studying, point out how this cartel might break down just like OPEC’s cartel breaks down during some decades.

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