An arrangement by independent firms to share the market o...
An arrangement by independent firms to share the market of their products on quota basics Is referred to as
Cartel
Syndicate
Trust
Integration
Correct answer is A
A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other restrictive practices
Industrial occupation does not involve the ...
In the long run, all factors of production are? ...
Which of the following is not used by the Central Bank to restrict lending by commercial banks? ...
Which of the following is not feature of a department store? ...
The harmonious relationship among the various units in an organization is ensured through ...
One of the functions of the Nigeria Ports Authority is the provision of? ...