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jenyasd209 [6]
3 years ago
7

Cartels are sometimes able to continue working in the long run. This tends to occur when the firms involved consider playing the

game ________, and there ________ a credible threat involved with cheating
Social Studies
1 answer:
kodGreya [7K]3 years ago
7 0

Answer:

repeatedly, is

Explanation

Cartel is a group of manufacturers and business houses with a purpose of keeping high prices of products. This allows the cartels to restrict competition in the market and hold complete sway over business via cheating. Cartels can run for a long time if various firms continue to indulge in corrupt practices secretly. No doubt, cartels are against the business ethics and hence it involves credible threats due to cheating.

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