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Answer:
controlling supply levels
Explanation:
It is commonly understood in economics that competition lowers prices by having companies fight each other for the consumers earned dollars.
A cartel is, then, an organization that exists for the purpose of controlling the supply and production of an item in order to fix the price.
By eliminating competition, a cartel is able to dictate to the market what they believe is an acceptable or desirable price
Firstly, many statistics are taken from a small group of people used to represent the general population. Say a news channel reported that 81% of teenagers in America were planning on going to a four-year college. This statistic is most likely taken from a randomly selected group of teenagers, and calculated with a margin of error. Because after all, it's nearly impossible to survey every single teenager in America. This can lead to some statistics that are not really representative of the actual percentage of people. This only gets more likely the larger the general population being "surveyed" is. Another reason is that the media is not always truthful with statistics. Things can be altered and not many people will notice. Hope this helps!
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