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Other Fields Homework Help Economics Topic started by: snowicefox17 on Jul 22, 2019



Title: Recall the Application about the attempt to form a salt cartel in the 19th century to answer the ...
Post by: snowicefox17 on Jul 22, 2019
Recall the Application about the attempt to form a salt cartel in the 19th century to answer the following question(s).


Recall the Application. One reason cited for the failure of the salt cartel was:

▸ the federal government's banning of price fixing in the salt market.

▸ foreign competition taking over the salt market.

▸ the demand for salt sharply declined in the late 19th century.

▸ new firms entering the market and underpricing the cartel.


Title: Recall the Application about the attempt to form a salt cartel in the 19th century to answer the ...
Post by: h00304413 on Jul 22, 2019
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Title: Recall the Application about the attempt to form a salt cartel in the 19th century to answer the ...
Post by: snowicefox17 on Jul 22, 2019
Smart ... Thanks!