Question: Is this correct? Figure: Demand 1 2 4 6 8 10 Quantity A successful cartel facing the market in this diagram would cause the industry

Is this correct?

Figure: Demand 1 2 4 6 8 10 Quantity A successful cartel facing the market in this diagram would cause the industry price to: decrease from $8 to $4. increase from $4 to $8. increase from $7 to $8. increase from $4 to $7

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