Which of the following statements is false?
A)On occasion, governments have helped to create and maintain cartels.
B)Once a cartel agreement has been made, cartel members have an incentive to cheat on the agreement.
C)A single cartel member may be better off with a cartel agreement that all members abide by (including itself) than with no cartel agreement at all.
D)Cartels are easy to form and to maintain.

Question

Quizplus · Accepted Answer

Cartels are often difficult to form and maintain due to the incentive for individual members to cheat for personal gain, the challenges in coordinating actions among diverse members, and the legal and regulatory pressures in many jurisdictions.

Which of the Following Statements Is False