Business, 14.04.2020 15:58 nevecronin
Cartels are difficult to maintain in the long run because A. cartels are illegal in all industrialized countries. B. entry barriers are insignificant in oligopolistic industries. C. it is more profitable for the industry to charge a lower price and produce more output. D. individual members may find it profitable to cheat on agreements.
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Cartels are difficult to maintain in the long run because A. cartels are illegal in all industrializ...
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