A Cartel Is

question 175

Multiple Choice

A cartel is

• A) a market structure with a small number of large firms.
• B) a market structure with a large number of small firms.
• C) a group of firms acting together to raise price, decrease output, and increase economic profit.
• D) a market with only two firms.
• E) another name for an oligopoly.

---

Definitions:

Mothers

Female parents who carry, give birth to, or nurture and care for their children.

Personality Theories

Frameworks and models that attempt to explain the patterns in thoughts, feelings, and behaviors that make a person unique.

Subliminal Presentation

The technique of presenting stimuli below the threshold of conscious awareness, aimed at influencing thoughts, feelings, or actions.

Cognitive Responses

Mental processes or reactions that occur as a result of external stimuli, influencing how information is perceived, processed, and remembered.