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Which of the Following Factors Is NOT Necessary to Form

Question 49

Multiple Choice

Which of the following factors is NOT necessary to form a successful cartel?


A) Members must be responsible for most of the industry's output
B) Member firms should produce homogeneous output
C) Members must be located in close proximity to each other
D) The cartel must be able to divide the marketplace between member firms
E) There must be a mechanism to prevent cheating by member firms

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