Multiple Choice
When firms in an illegal market form a cartel,_____.
A) they are able to supply higher quality products
B) it becomes more difficult for police to detect their activities
C) they are able to increase profits by behaving as a monopolist
D) they result in a deadweight loss
E) they rely on goodwill to ensure the stability of the cartel
Correct Answer:

Verified
Correct Answer:
Verified
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