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Author Question: The most successful cartel was formed in which of the following areas? A. Oil B. Tin C. Coffee ... (Read 63 times)

luminitza

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on: Sep 10, 2018
The most successful cartel was formed in which of the following areas?
 
  A. Oil
  B. Tin
  C. Coffee
  D. Tea
  E. Diamonds

Question 2

Which of the following is NOT a reason why cartels generally have not been successful?
 
  A. There is too much global competition.
  B. Enforcement is very difficult.
  C. Consumers can easily switch to different products.
  D. Free-riding is difficult to control.
  E. They are technically against international law.


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Benayers

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Reply #1 on: Sep 10, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: E


luminitza

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  • Posts: 555
Reply 2 on: Sep 10, 2018
Thanks for the timely response, appreciate it

softEldritch

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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