________ is one organization created from a formal agreement between a group of producers of a good or service, to regulate supply in an effort to regulate or manipulate prices.
A)industry
B)firm
C)monopoly
D)cartel

Question

Quizplus · Accepted Answer

A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are typically involved in the same industry and agree to control prices, marketing, and production.

________ Is One Organization Created from a Formal Agreement Between