Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of
A. driving up costs
B. raising wages
C. increasing profits
D. combining resources
Answer (2)
Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of C) increasing profits. These are all measures that a business or a group of businesses can engage in to help to increase revenues and ultimately to increase profits.
Cartels, monopolies, trusts, and integration strategies all share the goal of increasing profits. These practices involve collaboration among businesses to limit competition and control prices, enhancing their profitability. The correct answer to the question is C) increasing profits.
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