Which choice best describes the way a cartel functions?
a) a large company buys up its competi...
Social Studies, 09.12.2019 01:31 izzyisawesome5232
Which choice best describes the way a cartel functions?
a) a large company buys up its competition to gain control of the market.
b) a large outside company buys controlling interests in a number of smaller competitors.
c) a group of companies, which controls a large market share, cooperate on production and pricing.
d) a government agency, acting in the public interest, breaks a large company into several smaller ones.
Answers: 3
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The principle of checks and balances is based on the notion that
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