Business
Business, 06.01.2020 18:31, Yellow78

Which of the following would make it easier to maintain an effective collusive agreement in a cartel?

an increase in the number of potential entrants into the industry.

a decrease in the elasticity of demand for the cartel's product.

an increase in the number of substitutes for the product produced by the cartel.

a new method of pricing that makes it more difficult for each firm to monitor the prices that the other firms in the cartel are charging.

answer
Answers: 2

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Which of the following would make it easier to maintain an effective collusive agreement in a cartel...

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