Cartels Would Be More Stable If

question 49

Multiple Choice

Cartels would be more stable if

• A) firms that cheat on the agreement could be legally punished.
• B) firms that cheat on the agreement were better informed about the value of the agreement.
• C) many firms of different sizes were involved.
• D) demand for the output was more variable.
• E) the member firms were located in different countries.

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Definitions:

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Final Exam

The last examination given in a course, usually comprehensive and covering material from the entire term or semester.