The Table Below Shows the Payoff (Profit) Matrix of Firm

Multiple Choice

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-Which of the following is an example of a cartel?

A) Advanced Micro Devices
B) AREVA
C) Organization of the Petroleum Exporting Countries
D) Combat Observation Laser Teams
E) Lloyds Banking Group