Economy, asked by abhigos615, 5 months ago

Cartel formation is most lightly to happen under

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Answered by ZalimGudiya

6

Answer:

Cartels are created when a few large producers decide to co-operate with respect to aspects of their market. Once formed, cartels can fix prices for members, so that competition on price is avoided. ... Restricted output – members may agree to limit output onto the market, as with OPEC and its oil quotas.

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