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Author Question: You read that 40 firms that grow and export strawberries to the United States decide to form a ... (Read 60 times)

mp14

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on: Apr 19, 2019

You read that 40 firms that grow and export strawberries to the United States decide to form a cartel. The cartel aims to raise the price of strawberries and reduce output to increase profits for the strawberry growers. You predict that this cartel will probably


◦ not be successful because there are too many firms that are trying to organize the cartel and there are a number of good substitutes for strawberries.
◦ not be successful because it is difficult to export a perishable product like strawberries.
◦ be successful because the demand for strawberries is very inelastic.
◦ be successful because enforcing the rules among only 40 firms is very manageable.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mp14 on Apr 19, 2019

mmpiza

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mp14

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Reply #2 on: Apr 19, 2019
Excellent


mmpiza

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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