Multiple Choice
Which of the following statements is false?
A) On occasion, governments have helped to create and maintain cartels.
B) Once a cartel agreement has been made, cartel members have an incentive to cheat on the agreement.
C) A single cartel member may be better off with a cartel agreement that all members abide by (including itself) than with no cartel agreement at all.
D) Cartels are easy to form and to maintain.
Correct Answer:
Verified
Correct Answer:
Verified
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