A
the reasons because of which some members of the OPEC may cheat on their cartel agreement.
(a) In case the less developed countries join as cartel members.
Concept Introduction:
A cartel is a group of firms that agree to coordinate their production and pricing decisions to reap
B
the reasons because of which some members of the OPEC may cheat on their cartel agreement.
(b) In case the members get doubled.
Concept Introduction:
A cartel is a group of firms that agree to coordinate their production and pricing decisions to reap monopoly profits.
C
the reasons because of which some members of the OPEC may cheat on their cartel agreement.
(c) In case the debts that are international grows up.
Concept Introduction:
A cartel is a group of firms that agree to coordinate their production and pricing decisions to reap monopoly profits.
D
the reasons because of which some members of the OPEC may cheat on their cartel agreement.
(d) In case the expectations of cheating members rise.
Concept Introduction:
A cartel is a group of firms that agree to coordinate their production and pricing decisions to reap monopoly profits.
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