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Which of the Following Statements Is True Regarding a Cartel

Question 7

Multiple Choice

Which of the following statements is true regarding a cartel?


A) Forming a cartel is illegal in the United States.
B) A cartel is a strategic alliance among two or more organizations that agree to establish and share the ownership of a new business.
C) A cartel is formed by companies to manage their symbiotic resource interdependencies.
D) Participating in a cartel decreases the richness of a company's environment.

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