All of the following statements,except one,are correct concerning the cartel variant of oligopoly theory.Which is the exception?

Question

Quizplus · Accepted Answer

While government regulation can certainly pose a threat to the success of a cartel, it is not the primary threat. The primary threat is typically the temptation for individual members to cheat and increase their own profits by producing and selling more than their agreed-upon quota. This can lead to a collapse of the cartel and a return to competition.

All of the Following Statements,except One,are Correct Concerning the Cartel