Answer :
C.) A monopolist Cartel members can act like monopolists by cooperating with one another. They will make more money as a result of this.
How do cartels attempt to behave like monopolies?
It is important to keep in mind that, like a monopolist, a cartel will choose to produce less and charge a higher price than in a perfectly competitive market. Cartels are difficult to maintain once they are established. The issue is that members of the cartel will be tempted to break their promise to limit production.
What are monopoly cartels, exactly?
A monopoly, in which a single group or company controls all or nearly all of a given product or service's market, has greater control over an industry than a cartel. While some cartels exist in illegal industries like the drug trade, others are formed to influence the price of legally traded goods and services.
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