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Commerce · Q2837

Accounting

Graduate and Post Graduate · Commerce · question 2837

Q2837

A cartel is a combination firms

A.
Which are functioning in a particular industry
Answer
B.
Whose combined assets are worth more than 90% of total assets of the industry
C.
Who control major chunk of the market
D.
Whose combined profits are enormous

Answer: Option A

Solution

Answer: Option A
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