Which of the Following Statements Is False

question 158

Multiple Choice

Which of the following statements is false?

• A)On occasion, governments have helped to create and maintain cartels.
• B)Once a cartel agreement has been made, cartel members have an incentive to cheat on the agreement.
• C)A single cartel member may be better off with a cartel agreement that all members abide by (including itself) than with no cartel agreement at all.
• D)Cartels are easy to form and to maintain.

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Definitions:

Self-Serving Tactics

Behaviors or strategies individuals use to promote their own interests or benefit themselves, often at the expense of others.

Separate Interests

Distinct or individual concerns, desires, or goals that may not necessarily align with those of others.

Coalition

An alliance between individuals, groups, or nations, formed temporarily to achieve a specific goal, often combining resources for greater influence or power.

Stalemate

A situation, often in a game of chess, where no move can lead to a checkmate, resulting in a draw; metaphorically, any situation where progress is impossible.