Question

19 failed logins sim Cartels are unstable for each of the following reasons except which one? Question 13 Not yet answered Points out of 1.00 Select one: A. the self-interest of each member P Flag question B. the bargaining necessary to form a cartel C. barriers to entry . O D. entry by new firms An insurmountable barrier to entry can enable a firm to earn positive economic profits in__ Question 14 Not yet answered Points out of 1.00 P Flag question Select one: O A. neither the short run nor the long run B. the short run, but not the long run C. the long run, but not the short run O O D. the short run and the long run chich Act flota anel

Answer 1

a) "C"

barriers to entry help create a cartel and not make it unstable.

b) "D"

they will be making a profit in the short as well as the long run in the market.