Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
An Association Of Firms, Producing Similar Commodities, Formed In Order To Keep Up Prices By Restricting Output Is Called? - Erudites Academy

An association of firms, producing similar commodities, formed in order to keep up prices by restricting output is called?

by | Jul 24 | Commerce WAEC | 0 comments

A. a chamber of commerce
B. a customs union
C. an amalgamation
D. a cartel
E. a combination

Correct Answer:

Option D – a cartel

Users Also Read These:

Copyright warnings! Do not copy.