Prior to the collapse of the Soviet Union,a cartel on the supply of caviar was successful.Which of the following is the best explanation for this success?
A)The global demand for caviar was low.
B)The Soviet government tightly regulated the annual production of caviar.
C)Due to the high price of caviar,production in other countries increased.
D)Sturgeon fish,the source of caviar,was abundantly available in most parts of the world.

Question

Quizplus · Accepted Answer

The tight regulation of annual caviar production by the Soviet government ensured that supply was limited, which allowed the cartel to control prices and maintain their profitability.

Prior to the Collapse of the Soviet Union,a Cartel on the Supply