Write down any five situations in which cartel can survive-00781
This subjective question is related to the book/course
vu cs504 Software Engineering - I.
It can also be found in
vu cs504 Mid Term Solved Past Paper No. 4.
Question 1: Write down any five situations in which cartel can survive?
Answer:
- Cartel can survive when number of firms is small.
- When the collusion is tacit or hidden not explicit.
- The products are homogeneous.
- Industry is sable
- There is opening among the firms regarding their production process.
- Government's strictness in implementing antitrust law.
