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What are advantages of cartel?

Anonymous

∙ 11y ago

Updated: 9/13/2023

There are many advantages to cartels some of them include: The members will have higher profit marginsThe members have a network of people to work together with The members have the opportunity to keep production cost lower

Wiki User

∙ 11y ago

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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 a centralized cartel?

A centralised cartel is an arrangement by all the members, where a centralised body decides on the pricing.

What is the name for a formal organization of producers that agrees to coordinate prices and production called-?

The name for a formal organization of producers that agree to coordinate prices and production is called a cartel.

What is a sheik's cartel?

Opec

What type of organization is OPEC?

A Cartel

Related Questions

Is cartel masculine or feminine?

Is cartel masculine or feminine

Why cartel fails?

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

Is cartel feminine?

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

What is the duration of The Cartel?

The duration of The Cartel is 1.5 hours.

Which Mexican cartel controls mexicali?

i believe its the Sinaloa cartel

How tall is Macy Cartel?

Macy Cartel is 5' 8".

How tall is Mike Cartel?

Mike Cartel is 5' 9".

When was Milenio Cartel created?

Milenio Cartel was created in 199#.

When was Cali Cartel created?

Cali Cartel was created in 1977.

When was Oaxaca Cartel created?

Oaxaca Cartel was created in 197#.

When was Medellín Cartel created?

Medellín Cartel was created in 1976.

When was The Cartel created?

The Cartel was created on 2009-10-09.

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