Cartels are sometimes able to continue working in the long run. this tends to occur when the firms involved consider playing the game and there a credible threat involved with cheating

repeatedly, is

Explanation

Cartel is a group of manufacturers and business houses with a purpose of keeping high prices of products. This allows the cartels to restrict competition in the market and hold complete sway over business via cheating. Cartels can run for a long time if various firms continue to indulge in corrupt practices secretly. No doubt, cartels are against the business ethics and hence it involves credible threats due to cheating.

answer; inductive techniques;

answer; empathy;