An example of a cartel is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option C
Explanation:
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market e.g OPEC
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market e.g OPEC