Question

A cartel differs from a monopoly in that

Answer 1

A cartel differs from a monopoly in that. businesses making the same product agree to limit production. Upgrade to remove ads. Only $1/ ...

Answer 2

Hii dear here is your answer


For cartel, there are a lot of established businesses with different ownership, but they agreed to control their production in order to maintain the price level in the market. A cartel differs from a monopoly in that businesses making the same product agree to limit production.



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