Cartels Are

question 3

Multiple Choice

Cartels are:

• A) more efficient than competitive firms
• B) highly reliable and likely to last
• C) illegal in the US
• D) open to entry by other firms

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Definitions:

Nonverbal Communication

Transmission of messages through actions and behaviors.

Oral Communication

The process of expressing ideas through the spoken word, important in personal and professional contexts for conveying information and building relationships.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected by the internet and other technologies.