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.
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following would make it easier to maintain an effective collusive agreement in a cartel? An increase in the number of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » 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.