Sign In
Ask Question
Business
Casey Riddle
18 June, 21:37
A cartel differs from a monopoly in that
+2
Answers (
1
)
Moriah Espinoza
18 June, 22:58
0
A cartel is a group of organization or people making the same product and fixing the price and the quantity of the production. They split the profit among themselves. This is also a kind of monopoly. It differs from monopoly in one sense and that is a monopoly business is run by a single individual. The profit is taken by him alone. The amount of profit in a cartel is less than that in a monopoly. Different people believe in different concept of business.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question ✅
“A cartel differs from a monopoly in that ...”
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.
Search for Other Answers
You Might be Interested in
Determine the operating income using the following information: Sales $340,100 Cost of goods sold 252,000 Selling expenses 25,200 Administrative expenses 12,500 a.$62,900 b.$340,100 c.$88,100 d.$50,400
Answers (1)
Carlotta has a high need for achievement. she is likely to enroll in an easy math course where she knows she will succeed without much effort.
Answers (1)
Oscar has negotiated a lease for his sporting goods store in which he is required to pay $3,000 per month in rent. oscar pays his staff $12 per hour to sell sporting goods, depending on his total hours of operation.
Answers (1)
Which of the following real estate investments involves purchasing real estate and selling it for profit within a short period of time? A. Leasing through REI B. Flipping C. Renting D. Remodeling 2b2t
Answers (2)
Your uncle has $375,000 and wants to retire. he expects to live for another 25 years, and he also expects to earn 7.5% on his invested funds.
Answers (1)
New Questions in Business
Marco is a Latino who lives in Boston, Massachusetts. Over the years, he has noticed that more stores in his community specialize in ethnic products. This has made Boston feel more like home to him.
Answers (1)
Clu, dolf, and elton do business as fertile valley farm. clu's relationship to the firm ends, but it continues to do business. this is dissociation. dissolution. winding up. wrongful.
Answers (1)
True or False. 1. A company that strictly controls expenses is likely to use a low-cost leadership strategy. 2. Differentiation strategies can reduce the bargaining power of large customers. 3.
Answers (1)
The confrontational legal process under which each party presents its version of events is known as the
Answers (1)
For the past 20 years, Perry has been an owner of several Coldwell Banker Real Estate franchises. To increase business Perry spends a great deal of money marketing and advertising his businesses online.
Answers (1)
Home
»
Business
» A cartel differs from a monopoly in that
Sign In
Sign Up
Forgot Password?