It is easier to maintain a cartel in a market for a(n) ________ than in a market for a(n) ________.
A) intermediate good; final good
B) final good; intermediate good
C) natural resource; manufactured good
D) manufactured good; natural resource

Question

Quizplus · Accepted Answer

Cartels are easier to maintain in markets for natural resources because these markets often have fewer producers and less product differentiation, making it easier to control supply and prices. In contrast, manufactured goods typically have more producers and product differentiation, complicating cartel agreements.

It Is Easier to Maintain a Cartel in a Market