Final answer:
A Dealer Board can impose administrative fines on dealers based on specific regulations, and, as demonstrated in the Archer Daniels Midland case, fines can reach up to $350,000 per offense, which indicates the severe penalties for cartel-related activities.
Step-by-step explanation:
The amount a Dealer Board may administratively fine a dealer for each separate offense can vary based on jurisdiction and specific rules governing such bodies. However, given the context provided, involving fines related to cartel behavior and company practices, it's important to understand that administrative fines can be substantial to deter anti-competitive practices. As an example, the fines in a federal case involving the Archer Daniels Midland company reached up to $350,000.
Cartels, by definition, involve companies that cooperate rather than compete with one another to fix prices, limit supply or engage in other actions that are harmful to the free market and consumers. In the provided FBI recordings, the President of Archer Daniels Midland expressed a corporate philosophy consistent with cartel behavior, which resulted in significant legal repercussions including substantial fines and prison sentences for those involved.