It is easier to maintain a cartel in a market for a(n) ________than in a market for a(n) ________.

Name: It is easier to maintain a cartel in a market for a(n) ________than in a market for a(n) ________.
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Question

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Cartels in markets for natural resources, such as oil, are easier to maintain due to the limited number of producers and the essential nature of these resources. In contrast, manufactured goods markets are more competitive and diverse, making cartel formation and maintenance more challenging.

It Is Easier to Maintain a Cartel in a Market