Market cartels.

Posted on Updated on

Would it be easier to form a cartel in a market with many producers or one with very few producers?

What market structure does a cartel have?

What four conditions would reduce cheating in a cartel?

Why do cartel agreements usually breakdown? Why are the inherently unstable?

If the members of your class were to attempt to form a study-reduction cartel, which individuals would have the greatest to gain from the cartel: those who study little or those who study long and hard? Which ones would have the greatest incentive to cheat on the cartel?

Integrated throughout the entire paper the SLU core value of Responsible Stewarship.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s