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What Occurred in a Cartel

Question 60

Multiple Choice

What occurred in a cartel?


A) A vertically integrated company worked to monopolize all business in its industry.
B) Independent enterprises worked together to control prices and fix production quotas.
C) Independent associations of grocers cooperated to artificially drive down prices.
D) Private militias orchestrated intelligence gathering to diminish the police powers of modern nation states.
E) Dependent enterprises worked with an overseeing organization to lower tariffs.

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