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Discuss how the facts in the potato industry case illustrate the lack of control over prices...

Discuss how the facts in the potato industry case illustrate the lack of control over prices by individual potato producers in a competitive market. Also, discuss the response to high prices predicted by the model of perfect competition and the attempts by producers in a competitive market to gain control over price. Check recent business publications to find out how successful the United Potato Growers of America cooperative has been in recent times.

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