Cartels Are Likely to Be Better Able to Prevent Their

question 186

Multiple Choice

Cartels are likely to be better able to prevent their members from cheating on an agreement:

• A)the fewer the number of members in the cartel.
• B)the greater the number of members in the cartel.
• C)the greater are the differences in production costs across member firms.
• D)the greater are the differences in demand projections across member firms.
• E)the more elastic is the demand for the product.

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