A Cartel Is a Group of Firms Which Agree to

question 56

Multiple Choice

A cartel is a group of firms which agree to

• A) increase the amount they produce.
• B) raise the price of their product.
• C) behave competitively.
• D) lower the price of their product.

---

Definitions:

Selenium

A chemical element with symbol Se and atomic number 34, known for its role in human health and electronics.

Zinc

A metallic element with the symbol Zn and atomic number 30, known for its corrosion-resistant properties and use in various alloys and batteries.

Arsenic

A toxic metalloid element with the atomic number 33, used in various industrial processes and known for its carcinogenic properties.

Electron Configuration

The allocation of electrons within the orbitals of atoms or molecules, either atomic or molecular in nature.