A cartel is likely to last longer if

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A cartel is a group of firms that agree to collude and act as if they were a monopoly, in order to increase their profits by reducing output and raising prices. However, maintaining a cartel is difficult as members may have incentives to cheat on the agreement to increase their profits further. Therefore, the stability of profits of participating members is crucial for the survival of a cartel. If the profits are volatile, members may be more tempted to deviate from the agreement, leading to the collapse of the cartel.

A Cartel Is Likely to Last Longer If