Cartels Often Dissolve Because

question 51

Multiple Choice

Cartels often dissolve because

• A)their members often set a time limit as to how long the cartel should exist.
• B)their members often cheat on the cartel agreements because they have incentive to.
• C)their members often find that they do not earn as high profits from the cartel as they had hoped to.
• D)firms in a cartel face different costs than firms outside a cartel.

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Definitions:

Sexual Response Cycle

The sequence of physical and emotional changes that occur as a person becomes sexually aroused and participates in sexually stimulating activities.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with sexual readiness but also applicable to other contexts.

Labia

The outer and inner folds of the vulva, at either side of the vagina in female anatomy.

Cultural Double Standard

A set of principles granting greater liberty to one group than to another, often based on gender, ethnicity, or social class.