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What is the PRIMARY means cartels use to control the price of the goods they produce? A.) lobbying legislatures B.) buying out competitors C.) controlling supply levels D.) increasing product quality
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What is the PRIMARY means cartels use to control the price of the goods they produce?

A.) lobbying legislatures
B.) buying out competitors
C.) controlling supply levels
D.) increasing product quality

User Sithu
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2 Answers

6 votes

Answer:

A cartel is, then, an organization that exists for the purpose of controlling the supply and production of an item in order to fix the price. By eliminating competition, a cartel is able to dictate to the market what they believe is an acceptable or desirable price.

Step-by-step explanation:

User Deepika Janiyani
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4.5k points
4 votes

Answer:

c. controlling supply levels

Step-by-step explanation:

User Samui
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5.3k points
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