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CaHeK987 [17]
2 years ago
5

Cartels in the United States are a. legal if price is competitively determined. b. legal if all firms in the industry agree to t

he terms of the cartel. c. legal if all conditions of the cartel are made public. d. illegal.
Business
1 answer:
butalik [34]2 years ago
3 0

It should be noted that Cartels in the United States are D. Illegal.

<h3>What is a cartel?</h3>

It should be noted that a cartel simply means an association of manufacturers with the purpose of restricting competition.

In this case, it should be noted that Cartels in the United States are illegal. This is because it gives unfair advantages to the manufacturers.

Learn more about cartels on:

brainly.com/question/862360

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C, they analyze police reports about crimes reported by victims

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Option A is wrong because is disregard hard crimes that conducted by blue-collar people (such as theft, store robbery, or even gang attacks).

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Explanation:

In betting, expected value can be defined as (Amount won per bet * probability of winning) – (Amount lost per bet * probability of losing)

For the first gamble:

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This means that Cal is expected to earn $4 for each $20 waged on the second gamble while he is expected to break even in the first gamble.

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