A Cartel Is a Group of Suppliers Who Act Together

question 81

Multiple Choice

A cartel is a group of suppliers who act together in order to:

• A)increase demand, raise prices, and increase profits.
• B)increase supply, reduce prices, and increase profits.
• C)increase demand, reduce prices, and increase profits.
• D)reduce supply, increase prices, and increase profits.(True Answer )Correct

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Definitions:

Cervical Vertebrae

The seven vertebrae in the human neck that support the head and allow for its movement.

External Urethral Sphincter

A muscle that controls the passage of urine through the urethra.

Ischial Ramus

The bony projection that extends from the ischium (part of the hip bone), connecting to the pubis, forming part of the pelvis structure.

Superficial Transverse Perineal

A muscle in the perineum that supports the pelvic floor and plays a role in urinary continence.