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cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?
If, by cartel, you mean in a business sense- such as the airline industry- you might think of a cartel being a 'closed shop' to others within that industry, in that the members within the cartel have that business 'sewn up'. Another term sometimes used is a 'monopoly' and in the UK, as well as elsewhere, there are anti-monopoly laws which seek to minimise 'monopolisation' by a 'cartel' within any given industry. My dictionary definition reads "an agreement among apparently competing firms to fix prices etc". Hence, I mentioned airline companies who have a history of behaving in this way.
A centralised cartel is an arrangement by all the members, where a centralised body decides on the pricing.
The name for a formal organization of producers that agree to coordinate prices and production is called a cartel.
Opec
The poster
Is cartel masculine or feminine
cartel is formed by few sellers when they want to maximise profit ,what is the advantage of forming a cartel?
The duration of The Cartel is 1.5 hours.
No, the word "cartel" is masculine in Spanish.
== == Signo. Seña Indicio Cartel Letrero Firma Portento It depends on what it is you want to say or what you mean.
Macy Cartel is 5' 8".
Mike Cartel is 5' 9".
Oaxaca Cartel was created in 197#.
Milenio Cartel was created in 199#.
Cali Cartel was created in 1977.
Tijuana Cartel was created in 1989.