Use the Following Statements to Answer This Question: I

Multiple Choice

Use the following statements to answer this question: I. Cartels are illegal in the United States.
II) Once price and production levels are agreed upon, each member of a cartel has an incentive to "cheat" on the agreement.

A) Both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) Both I and II are false.