Murray Long
09/24/2023 · Senior High School
\begin{tabular}{l} QUESTION 2 \\ Which one of the following factors increases the likelihood that a cartel agreement will lead to higher profit for cartel \\ members? \\ a. highly unstable demand for the product produced by the cartel \\ b. the cartel members produce a differentiated product \\ c. free entry into the cartelized market \\ d. a small number of sellers involved in the cartel agreement \\ \hline\end{tabular}
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d. a small number of sellers involved in the cartel agreement
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