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:

Sedimentary Rock

Rock formed by the deposition and subsequent cementation of mineral or organic particles on the floor of oceans or other bodies of water at the Earth's surface.

Metamorphic Equivalent

The rock type that results when another type of rock is subjected to metamorphism under specific conditions.

Quartzite

A hard, metamorphic rock formed from sandstone through heating and pressure, known for its durability and use in construction.

Marble

A metamorphic rock that is formed from the recrystallization of limestone or dolomite, often used in sculpture and as building material.