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2018 - JAMB Commerce Past Questions and Answers - page 5

41

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

A
Cartel
B
Syndicate
C
Trust
D
Integration
42

When does production ends?

A
When the goods are distributed to the wholesalers
B
When the goods reaches the retailer
C
When the goods reaches the final consumers
D
When the goods are fully packaged