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Which of the Following Is NOT Conducive to the Successful

Question 13

Multiple Choice

Which of the following is NOT conducive to the successful operation of a cartel?


A) Market demand for the good is relatively inelastic.
B) The cartel supplies all of the world's output of the good.
C) Cartel members have substantial cost advantages over non-member producers.
D) The supply of non-cartel members is very price elastic.

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