answersLogoWhite

0

An example of a cartel would be OPEC. Hope this helps, Hershey

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is OPEC is an example?

OPEC is an example of a cartel. Hope this helps, Hershey


What is The operation of an oil cartel in the Middle East is perceived by some to be an example of market failure?

we first can talk about the cartel, and then we have to say the meaning of monopoly and how this cartel seems it is monopoly but it is not and talk about the market failure


What is OPEC an example of?

OPEC is an example of a cartel, where member countries come together to coordinate and control oil production levels in order to stabilize prices and ensure their collective interests are met.


Is cartel masculine or feminine?

Is cartel masculine or feminine


Is IATA an example of a cartel?

The commercial arm of IATA, the BSP (Billing and Settlement Plan) which is the crown jewel of IATA and controls over 350B$ in annual ticket sale invoices is definitively a Cartel.


Why cartel fails?

cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?


What is the duration of The Cartel?

The duration of The Cartel is 1.5 hours.


Is cartel feminine?

No, the word "cartel" is masculine in Spanish.


What is a cartel and is such merger profitable?

A cartel is a joing of all business of same sort to form a single business. Cartel mergers are profitable. For example there are three firms which behave as a cartel, if all firms collude to act as a single firm, the merger will be profitable in oligopolistic industries. It will ensure the firm will gain an economic profit and will eventually drive off the weaker firm and the price benifit will go to consumers. (Term cartel is used when similar businesses merge to form a single business, a monopoly).


How tall is Macy Cartel?

Macy Cartel is 5' 8".


How tall is Mike Cartel?

Mike Cartel is 5' 9".


When was Oaxaca Cartel created?

Oaxaca Cartel was created in 197#.

Trending Questions
If no candidate has more the half of the votes from the Electoral College who chooses the President of the US? When did Delaware ratify the US Constitution? How did Calvinist and anabaptist differ in their attitudes toward the government church members participating in government activities? How did Women efforts and sacrifices during World War 1 led to U.S. government support for which reform? In addition to the president who did the Virginia plan propose should have power to veto legislation? How did John Maynard Keynes view government's role in the economy? What did slaves do in their spare time? What freedom did the civil righs act of 1875 grant black patrons? What system that makes sure no branch becomes too powerful? Which result is the most likely outcome of the successful actions of an interest group? What is an organized program of selected information used to spread a belief to a group of people? Who makes up the Legislative branch of Government? What were the arguments in favor of the internment of Japanese Americans? What amendments reversed US Supreme Court decisions? Why is it necessary to not only fragment power within the society but also amongst the institutions of government? Describe what Vasco Balboa was like? Why do the signers of the compact write they are coming to America? What means to approve and is what states must do to proposed Constitutional amendments and the Senate must do to treaties just to name a few? Did The six new states admitted between 1816 and 1821 allow all men to vote? When was liberty mutual founded?