Utme 2018 Commerce Question 11

Practice objective / multiple choice question 11 from the 2018 Utme Commerce examination. This question covers Economics .

Utme 2018 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 11 UTME • 2018 • COMMERCE • objective

An arrangement by independent firms to share the market of their products on quota basis is referred to as

Answer Options

Correct Answer A. cartel
B. syndicate
C. trust
D. integration
Correct Answer
A
Correct Option:
cartel

About This Question

This is Utme 2018 Commerce Question 11. It is one of the objective questions from the 2018 Utme Commerce examination.

The question covers Economics .

Difficulty level: 2 .

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