Multiple Choice
Cartels would be more stable if
A) firms that cheat on the agreement could be legally punished.
B) firms that cheat on the agreement were better informed about the value of the agreement.
C) many firms of different sizes were involved.
D) demand for the output was more variable.
E) the member firms were located in different countries.
Correct Answer:

Verified
Correct Answer:
Verified
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