A Cartel Will Break Down More Easily If

question 106

Multiple Choice

A cartel will break down more easily if

• A) there are only a few members.
• B) industry demand is very stable.
• C) market prices can be observed easily.
• D) there are many entrants in the industry.

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Definitions:

Unpleasant Stimulus

A negative or disagreeable input or event that affects an individual's mental or physical state.

Pleasant Stimulus

A stimulus that is enjoyable or pleasing to the senses.

Variable-interval Schedule

A reinforcement schedule where a response is rewarded after an unpredictable amount of time has passed.

Electronic Mail

A method of exchanging messages digitally between people using electronic devices.