Cartels are likely to be better able to prevent their members from cheating on an agreement:

Question

Quizplus · Accepted Answer

The fewer the number of members in the cartel, the easier it is to monitor and enforce compliance with the agreement. With fewer members, it is easier to detect any deviations from the agreed-upon production and pricing levels, and thus, prevent cheating. Additionally, with fewer members, there is less incentive for any individual member to deviate from the agreement as the gains from doing so are not as significant compared to a larger cartel.

Cartels Are Likely to Be Better Able to Prevent Their