Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 12
9708Growth and survival of firms
Which change would make it easier for a cartel to operate effectively?
- Aan increase in competition from closely related industries
- Ban increase in the number of firms in the industry
- Can increase in the range of products made by cartel members
- Dan increase in the stability of the market for its products
As printed in the paper
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Correct answer: D. an increase in the stability of the market for its products
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