Which of the following is NOT a reason why cartels generally have not been successful?
A. There is too much global competition.
B. Enforcement is very difficult.
C. Consumers can easily switch to different products.
D. Free-riding is difficult to control.
E. They are technically against international law.
Answer: E
You might also like to view...
Which of the following is a a reason for the decline in the power of most legislatures?
a) legislatures have a strict coherent structure within which power can be concentrated b) legislatures have slow and cumbersome procedures c) legislatures do not meet often enough for effecive leadership to emerge d) legislatures drain the support services that are there for them
Which statement best explains the pro-choice position of libertarians?
a. A fetus has no political rights. b. Outlawing abortion will not prevent it from happening. c. Reproductive choice helps keep women out of poverty and off of welfare. d. The government has no place making personal decisions about peoples' private lives.