Which of the following statements is true regarding a cartel?

A) Forming a cartel is illegal in the United States.
B) A cartel is a strategic alliance among two or more organizations that agree to establish and share the ownership of a new business.
C) A cartel is formed by companies to manage their symbiotic resource interdependencies.
D) Participating in a cartel decreases the richness of a company's environment.

A

Business

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Given the efficiency of our financial markets:

A) there is no justification for fundamental analysts. B) all investors should index their portfolio. C) there is no justification for technical analysts. D) both technical and fundamental analysts serve a useful function.

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The dendrogram is read from right to left

Indicate whether the statement is true or false

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