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:

Career Development

The process of managing life, learning, and work over the lifespan to progress in one’s job or occupation.

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A person in their late teens to early twenties.

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