A cartel is
a. Not illegal in the United States
b. An organization intended to increase competition in an industry
c. A group of firms with an explicit, formal agreement to fix prices and output shares in a particular market
d. A type of market structure

c. A group of firms with an explicit, formal agreement to fix prices and output shares in a particular market

Explanation:

Cartel is a group of few oligopolistic firms, who collude with each other to increase their joint profits & market domination.

So, they are a group of firms with an explicit, formal agreement to fix prices and output shares in a particular market

Example : OPEC (Organisation of petroleum exporting countries) is a Cartel.

a) both were commissioned explorers

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%