vanessapreciador vanessapreciador

26-09-2016
Business

contestada

GoGo Gas and Fab Fuel are among the few large producers of gasoline in the country. Along with other large producers, they have formed a formal organization to control the output and price of gasoline in that country. What is such an organization called?
A) collusion
B) corporation
C) partnership
D) cartel

Respuesta :

Edufirst Edufirst

07-10-2016

Collusion and cartel are both practices to limit the competition and fixing prices.

Collusion is secretive and ilegal. Cartel is formally organized like OPEC.

The answer is cartel.

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bellaxgomez bellaxgomez

30-11-2018

The answer is D.) Cartel

Answer Link

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