tutor2u | Analysis Diagram: Price Fixing in a Cartel

Student Videos

Analysis Diagram: Price Fixing in a Cartel

Level:
A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 21 Mar 2021

This is a short revision video looking at how a cartel price and output might help to maximise joint profits and reduce uncertainty in the market but still leaves open the incentive for individual cartel members to break the agreement by secretly over-producing and under-cutting the cartel price.

Analysis of Price Fixing in a Cartel

Recommended

Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.