Table Of Contents:
- What is cartel in oligopoly?What is the largest drug cartel in Mexico?
- When did drug cartels start?
- Are drug cartels legal?
- What does cartels do in Mexico?
- What are cartels main goal?
- Is there cartels in the US?
- Are there cartels in Chicago?
- How many firms are in a cartel?
- What is cartel in oligopoly?How do you pronounce cartel?
- What is an example of a cartel?
- Which industry was convicted of running the largest cartel and most wide reaching cartel?
What is cartel in oligopoly?What is the largest drug cartel in Mexico?
When did drug cartels start?
Are drug cartels legal?
What does cartels do in Mexico?
What are cartels main goal?
Is there cartels in the US?
Are there cartels in Chicago?
How many firms are in a cartel?
Cartel | |
---|---|
Characteristics | A small number of firms dominate the industry. Prices and production quantities are fixed. Product is undifferentiated. |
Barriers to entry | Barriers to entry are very high as it is difficult to enter the industry because of economies of scale. |