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Cartels are difficult to operate for which of the following reasons? a. They work only if members keep to their agreed output. b. They are illegal worldwide. c. Firms in a cartel are likely to lose
money. d. The products are perfectly competitive. Please select the best answer from the choices provided
Cartels are difficult to operate since they only work if members keep to their agreed output. source:
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User: Cartels are difficult to operate for which of the following reasons? a. They work only if members keep to their agreed output. b. They are illegal worldwide. c. Firms in a cartel are likely to lose money. d. The products are perfectly competitive. Please select the best answer from the choices provided

Weegy: Cartels are difficult to operate since they only work if members keep to their agreed output. source:
Expert answered|sdibiase|Points 70|

User: Diamonds have a higher monetary value than water because: a. diamonds are scarce. c. water has limited value. b. diamonds are a necessity. d. water has little utility. Please select the best answer from the choices provided

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Asked 9/26/2012 8:55:46 AM
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