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46% (02:29) correctTrue | False | Statement |
No cartel will last more than 100 years. | ||
As long as the members do not cheat, a cartel cannot be broken. | ||
An effective system for preventing members from cheating would not increase the likelihood that a cartel would survive in the long term. | ||
Private cartels are not legal in most countries. | ||
Cartels are inherently unstable and likely to fail in the long run. | ||
It is extremely difficult for competing firms to agree to fix prices, marketing, and production in the formation of a cartel. |
Option E - True
Option C - False
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