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Delicious77 [7]
3 years ago
11

Each member of a cartel faces a temptation to cheat on the agreement because lowering its price slightly below the established p

rice will possibly increase the firm's sales and profit
Business
1 answer:
ryzh [129]3 years ago
6 0

Answer:

True

Explanation:

This is probably one of the greatest issues that cartels around the world face, since their agreements are difficult to maintain because it is very difficult to control the price and output policies of its members.

Even the largest cartel in the world, the Organization of the Petroleum Exporting Countries (OPEC), has problems when it comes to monitoring the petroleum output of its members. When some countries need more money they just increase their petroleum production even if the rest of the cartel doesn't agree with it.

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Explanation:

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。☆✼★ ━━━━━━━━━━━━━━  ☾  

The correct answer is option D

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5 0
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Read 2 more answers
An angry customer approaches a supermarket associate to complain. After hearing the complaint, what is the first thing the assoc
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Hope this helps!  :)

Explanation:

8 0
3 years ago
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