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Author Question: In which of the following circumstances would a cartel be most likely to work? (Read 46 times)

futuristic

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on: May 25, 2020
In which of the following circumstances would a cartel be most likely to work?
◦ The fast-food market, where there is a large number of producers but the demand for fast food is price-inelastic
◦ The market for copper, where there are very few producers and the product is standardised
◦ The coffee market, where the product is standardised and there are a large number of coffee growers
◦ The car industry, where there are few producers but there is great product differentiation
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by futuristic on May 25, 2020

bookworm410

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Reply #1 on: May 25, 2020
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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futuristic

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Reply 2 on: May 25, 2020
Excellent

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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