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An important feature of a cartel is that?

Take Free Practice Test On 2024 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
An important feature of a cartel is that?

A. members do not reduce price below the cartel price
B. each member has a fixed output above which it is not expected to produce
C. a powerful member fixes the price at which others will sell
D. membes fix the prices for their products




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