Cartels are ______ by new market entrants.
A) reinforced
B) ignored
C) challenged
D) discovered

Name: Cartels are ______ by new market entrants. A) reinforced B) ignored C) challenged D) discovered
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Question

Quizplus · Accepted Answer

Cartels are challenged by new market entrants who may disrupt the existing market structure by providing a new product or service, offering a lower price, or adopting innovative business models. This competition can weaken the cartel's hold on the market and potentially lead to its dissolution.

Cartels Are ______ by New Market Entrants