Which of the Following Is LEAST Likely to Be a Reason

question 218

Multiple Choice

Which of the following is LEAST likely to be a reason for firms to form a cartel?

• A) to maximize profits of the cartel
• B) to raise competition among firms in the cartel
• C) to cut back output of the cartel
• D) to set common prices among firms in the cartel

---

Definitions:

Sovereign Kingdoms

Independent and self-governing kingdoms recognized as having complete authority and control over their territory without external interference.

Composite States

Political entities formed by the union or amalgamation of several states, regions, or territories, maintaining a degree of autonomy under a central government.

Law Courts

Institutions where legal cases are heard and adjudicated, based on the principles of law and justice.

Feudalism

Feudalism is a medieval social system where land was held by nobles in exchange for military service, and peasants lived on their lord's land, offering labor or a share of the produce as rent.