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Which of the following best describes a cartel? A. when businesses agree to limit supplies of a product B. business in which ownership is shared C. complete control of a product or service
An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition: best describes a cartel.
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Asked 3/7/2013 11:34:19 AM
Updated 229 days ago|12/2/2017 8:36:03 PM
2 Answers/Comments
Flagged by yumdrea [12/2/2017 12:56:06 PM], Edited by Masamune [12/2/2017 8:31:06 PM], Unflagged by Masamune [12/2/2017 8:31:08 PM], Edited by Masamune [12/2/2017 8:36:03 PM]
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An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition: best describes a cartel.

Added 229 days ago|12/2/2017 12:56:01 PM
This answer has been confirmed as correct and helpful.
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Complete control of a product or service. - best describes a cartel.

Added 229 days ago|12/2/2017 8:31:57 PM
This answer has been confirmed as correct and helpful.
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