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Author Question: Recall the Application about the attempt to form a salt cartel in the 19th century to answer the ... (Read 76 times)

Hungry!

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Recall the Application about the attempt to form a salt cartel in the 19th century to answer the following question(s).


Recall the Application. One reason cited for the failure of the salt cartel was:
◦ the federal government's banning of price fixing in the salt market.
◦ foreign competition taking over the salt market.
◦ the demand for salt sharply declined in the late 19th century.
◦ new firms entering the market and underpricing the cartel.


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Marked as best answer by Hungry! on Jul 20, 2019

qytan

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Hungry!

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Reply 2 on: Jul 20, 2019
YES! Correct, THANKS for helping me on my review


carlsona147

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Reply 3 on: Yesterday
:D TYSM

 

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