A Cartel Is A

question 129

Multiple Choice

A cartel is a:

• A) group of suppliers that tries to act as if they were a monopoly.
• B) market that is dominated by a small number of firms.
• C) market with a large number of firms selling similar but not identical products.
• D) group of suppliers that tries to act as if they were a perfectly competitive market.

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Definitions:

Preconscious

represents thoughts and feelings that are not immediately in consciousness but can be accessed through attention or stimuli.

Id

In Freudian psychoanalytic theory, the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.

Pleasure Principle

A psychoanalytic concept that describes the instinctual seeking of pleasure and avoidance of pain in order to satisfy biological and psychological needs.

Personality

A combination of features that delineates an individual's unique character.