History, asked by railingc3, 1 year ago

Which term describes the practice of big business joining together to control the production and price of a product?

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Answered by Wafabhatt
3

Thank you for this question. Please find the answer below:


The term describes the practice of big business joining together to control the production and price of a product is cartel.


A cartel is creating a monopoly in the production and price of the product.

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