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navik [9.2K]
2 years ago
7

What happens to the market outcome if cartel members cheat on the collusive agreement?

Business
1 answer:
sdas [7]2 years ago
7 0

If a single company cheats on the cartel agreement then the unmarried company can grow its profit.

A cartel agreement is a settlement between competitions with the aim of hindering or proscribing competition or creating fake competition. Cartel agreements also can exist between providers and consumers, such as an instance retail fees.

A few examples of a cartel encompass The enterprise of the Petroleum Exporting Countries (OPEC), an oil cartel whose members manage forty four% of worldwide oil production and 81.5% of the world's oil reserves.

A cartel is an illegal settlement between competition that restricts competition. Cartels are often hard to discover due to the fact the cartel members have a not unusual hobby of keeping the agreement secret.

Learn more about cartel agreement here: brainly.com/question/16147138

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You might be interested in
The Federal Deposit Insurance Corporation insures deposits up to $250,000 per person per financial institution. Suzanne has $200
frutty [35]

Answer:

option A is correct

Amount that not covered is $162000

Explanation:

given data

insures deposits = $250,000

individual account = $200,000

joint account  = $424,000

to find out

How much of Suzanne's money is not covered by FDIC insurance

solution

we know that

here eligible coverage amount is  = $200000 + 1/2 × 424000

so eligible coverage amount is  = $412,000

and we know that

Amount covered = $250000  

so that

here Amount that not covered is =  $412000 - $250000

Amount that not covered is $162000

so option A is correct

6 0
3 years ago
Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior
Taya2010 [7]

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

  • rent seeking behavior
  • Regulatory capture
  • rational ignorance
  • logrolling

Learn more about rent-seeking behavior at brainly.com/question/13767756

#LearnwithBrainly

4 0
3 years ago
In the context of performance management, which term refers to a measure that obtains consistency of results over time?
kherson [118]

Test retest reliability

The  performance management,term refers to a measure that obtains consistency of results over time.

It also carries the idea of performance appraisal through which more work can be achieved by rewarding the personnel who achieve their targets on time and show their results.

It helps optimize the performance to obtain consistency over the time with providing feedback and improvement in the performance. Psychometrics tests and evaluation test are used for improvement of employee performance. Several policies and procedures are also implemented for their welfare.

To learn more about performance management here,

brainly.com/question/16927603

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5 0
1 year ago
Which of the following tasks is an example of how scientists might use writing skills in their jobs?
diamong [38]
To write down the conclusion of there experiment so other scientist can criticize them and help the get the right conclusion 
4 0
4 years ago
Read 2 more answers
A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 17%, while stock B has a standard
Goryan [66]

Answer:

.793

Explanation:

Formula

.032=.7^2*.17^2+.3^2*.23^2+2(.7)(.3)(.17)(.23)p

.032=.0142+.0048+.0164p

.032-.0142-.0048=.0164p

.0164p=.013

p=.013/.0164

p=.793

3 0
3 years ago
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