Cartels Are Difficult to Maintain Because

question 20

Multiple Choice

Cartels are difficult to maintain because

• A)antitrust laws are difficult to enforce.
• B)cartel agreements are conducive to monopoly outcomes.
• C)there is always tension between cooperation and self-interest in a cartel.
• D)firms pay little attention to the decisions made by other firms.

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Definitions:

Physical Change

A transformation where the matter's form is modified without converting one substance into a different one.

Centimeters

In the metric system, a length measurement that is one hundredth of a meter.

Millimeters

A metric unit of length equal to one thousandth of a meter, often used in measuring small objects.

Centimeter

A metric system unit of length, totaling one hundredth or 0.01 of a meter.