Cartels for natural resources tend to be ______ than cartels for manufactured goods.
A) more cumbersome
B) less cumbersome
C) more successful
D) less successful

Question

Quizplus · Accepted Answer

Cartels for natural resources, like OPEC, tend to be more successful because natural resources often have fewer substitutes and are controlled by a limited number of producers, making it easier to coordinate and maintain price levels.

Cartels for Natural Resources Tend to Be ______ Than Cartels