Which of the Following Factors Hinders the Success of a Cartel

question 73

Multiple Choice

Which of the following factors hinders the success of a cartel agreement between input buyers?

• A)Government intervention in the input market
• B)Presence of a small number of firms in different input industries
• C)The use of a variety of inputs in the production of a good by firms
• D)The low demand for the final product in the output market

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Definitions:

Abstract Concept

An idea that does not have a physical form or is not concretely observable.

Predictive Value

The extent to which a score or measurement can accurately forecast or predict a specific outcome.

Attitude-Behavior Consistency

The degree to which a person's convictions are faithfully reflected in the way they act across different scenarios and over time.

Initiators of Sexual Activity

Individuals who take the lead role in starting or suggesting sexual activity within a relationship or encounter.