JAMB Commerce 2010 Objective — Question 27

Question 27 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2010 Objective paper, with the correct answer and a full explanation.

27. Cartel is an association of firms who came together to regulate output of members such as OPEC A. True B. False

A. TrueCorrect
B. False
C. —
D. —

Explanation

Cartel is an association of firms who came together to regulate output of members such as OPEC.

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