Multiple Choice
Which of the following explains why it is typically easier tomaintain a cartel in a natural resource than in a manufacturedgood?
A) Natural resources are usually more valuable than manufacturing goods.
B) Natural resources are only found in certain places.(True Answer ) Correct
C) Manufacturing goods are hard to replace.
D) Supply of natural resources tends to be more elastic than supply of manufacturing goods.
Correct Answer:
Verified
Related Questions
Q42: Q43: Q44: The high prices charged by cartels: Q49: It is easier to maintain a cartel Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
A)serve as