1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bonufazy [111]
3 years ago
11

Which of the following conditions can help prolong the life of a​ cartel? A. There are many firms in the market that are not mem

bers of the cartel. B. There are only a few firms in the market and they all belong to the cartel. C. The cartel has no ability to punish members who cheat on the cartel. D. It is difficult to know what price any cartel member is actually charging.
Social Studies
1 answer:
Dima020 [189]3 years ago
4 0

Answer:

The correct answer is option B.

Explanation:

An oligopoly is a market structure in which there are few firms which are interdependent on each other such that price and output decisions of a firm affect other firms in the market. There is a high degree of competition in the market.  

Firms in an oligopoly market can maximize profits by forming formal or informal collusion and reducing output level and increasing price.  

Though such cartels are generally short-lived as each firm has the incentive to earn higher by not cooperating. The cartel will not be successful if there are other firms in the market which are not a member of the cartel.  

A cartel will have a longer life if all the firms in the market are its market and the cartel has strict control on its members and ability to punish cheaters.

You might be interested in
What did the Fourteenth Amendment achieve?
Sophie [7]

Answer:

The 14th Amendment achieved equal rights for black people and protected newly freed slaves

Explanation:

At the end of the American Civil War, the 14th Amendment to the US Constitution was passed. It stated that no state could take away life, liberty, or property without being supported by legal process. Giving black people equal rights and protecting newly freed slaves . It turned out that the corporations taking advantage of this breach in the law went to the courts and demanded the same rights because they were also a person. A legal person. There began, in the mid-nineteenth century, the change in the role of corporations, which went from insignificant to ubiquitous as the church, the monarchy and the communist party were in other times.

4 0
3 years ago
How did India’s declaration of independence affect the nations of South Asia?
Alexxandr [17]
After India declared their independence, what changes occurred to the nations of South Asia? -Pakistan and Bangladesh were inspired to declare independence -Afghanistan's king was forced to resign -Sri Lanka began fighting a civil war -India was partitioned<span> into two nations, ...</span>
3 0
3 years ago
How did the French help the colonists during the war (A) they convinced the British to surrender at Saratoga. (B) They provided
torisob [31]
Hello,


<span>(D) They influenced Canada to side with the colonists.</span>
6 0
3 years ago
Read 2 more answers
When you're utilizing search engines, what strategies can help you save time? check all that apply. use quotation marks. bookmar
gulaghasi [49]
To utilize your searches, you must use quotation marks around words in order to  search for an exact phrase. Certain symbols, such as the asterisk are also effective. These symbols are helpful when you are searching for a keyword but you are unsure of its spelling or if a word can be spelled in different ways or may contain different endings. 
3 0
3 years ago
Read 2 more answers
Which level of classified information could cause damage to national security if compromised
soldier1979 [14.2K]

Answer:

<h2><u>Secret </u></h2>

Explanation:

Information is classified Secret when its unauthorized disclosure would cause "serious damage" to national security. Most information that is classified is held at the secret sensitivity. This is the lowest classification level of information obtained by the government.

<em>Hope this helps :)  </em>

<em>Pls make brainliest :3  </em>

<em>And have an amazing day <3</em>

3 0
2 years ago
Other questions:
  • ______ proposed people were driven by the three innate needs of competence, autonomy, and relatedness.
    12·1 answer
  • Control of the Gaza Strip is MOST LIKELY a goal of which group?
    14·2 answers
  • The primary question posed by writers, filmmakers, and other artists of speculative fiction is: __________________.
    9·1 answer
  • Why did fewer people settle in outer china than in inner china?
    9·1 answer
  • For most people, the hardest type of listening usually involves staying awake during a boring lecture listening with openness to
    10·1 answer
  • Which of the following would be considered an instrumental need that can be met through communication?
    14·1 answer
  • People with an _____ worldview are not just generally prejudiced or racist, but specifically view non-Europeans negatively.
    10·1 answer
  • Is it better for teens to go to private school sixth forms or state school sixth forms???
    5·2 answers
  • What event prompted tecumesh to seek alliance with the british
    9·1 answer
  • Help me, oh ye good people!
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!