A Cartel Might Fail Because

question 77

Multiple Choice

A cartel might fail because

• A)it does not control enough of the output in a market to raise prices enough.
• B)there is an incentive for members to cheat.
• C)too many firms leave the cartel, causing the cartel price to fall.
• D)All of the above.

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Definitions:

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A condition where an individual has diabetes but has not yet been diagnosed, often due to subtle or unrecognized symptoms.

African-American

A term used to describe Americans of African descent with ancestry primarily linked to African countries.