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The Milk Cartel in the United States

Question 44

Multiple Choice

The milk cartel in the United States:


A) ended when the government prosecuted the owners of four major milk producers who conspired to raise prices.
B) is made legal and enforced by the government, and any firm that breaks the cartel is fined.
C) frequently breaks down because of firm cheating.
D) was put out of business because of new entrants.

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