Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

________ is one organization created from a formal agreement between a group of producers of a good or service, to regulate supply in an effort to regulate or manipulateprices.

Question:

________ is one organization created from a formal agreement between a group of producers of a good or service, to regulate supply in an effort to regulate or manipulateprices.

A.

industry

B.

firm

C.

monopoly

D.

cartel

Answer» d. cartel

Note: The above multiple-choice question is for all general and Competitive Exams in India