Which of the following would be most likely to contribute to the breakdown of a cartel in a - 9068

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Which of the following would be most likely to contribute to the breakdown of a cartel in a natural resource (e.g., bauxite) market?

a.high prices

b.low price elasticity of demand

c.high compatibility of member interests

d.significant barriers to entry

e.unequal member ownership of the natural resources

 
Solution Description

Which of the following would be most likely to contribute to the breakdown of a cartel in a natural resource (e.g., bauxite) market?