According to whom,"a cartel is a voluntary agreement of capitalistic enterprise of the same branch for a regulation of the sales market with a veiw to improving tje profitableness of its member's bussiness"
Answers
Answered by
0
Answer:
"bussiness" (and any subsequent words) was ignored because we limit queries to 32 words.
Answered by
0
According to Von Beckereth "a cartel is a voluntary agreement of capitalistic enterprise of the same branch for a regulation of the sales market with a veiw to improving the profitableness of its member's bussiness."
In real life a Cartel is a feature of an oligopoly market where few firms come together to fix a price and quantity of a commodity. It basically aims at wiping out the competition from the market and to increase profits.
Similar questions