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Business, 25.06.2019 10:30 trillsmith

Under the capper-volstead act of 1922, u. s. farmers are permitted to form cooperative organizations aimed at influencing aggregate production and market prices of their crops. today, many of the nation's 10,000 potato farmers are aiming to expand the united potato growers of america (upga), an organization dedicated to restricting potato production, pushing up potato prices, and boosting profits. the upga includes farmers from california, colorado, idaho, oregon, texas, washington, and wisconsin. members sign an agreement to restrict their production of potatoes. the upga uses satellite photography and global-positioning-system technology to enforce the agreement and fines members who are caught cheating. based on the discussion of the factors favoring the organization and enforcement of a cartel, what aspects of u. s. potato farming make the ultimate success of the upga's potato cartel more or less likely? the number of firms makes it â–¼ less more likely the upga's cartel will be successful. being that the product is potatoes makes it â–¼ less more likely the upga's cartel will be successful. the fact that potatoes are publically traded in large highly organized markets makes it â–¼ less more likely the upga's cartel will be successful. if the demand for potatoes suddenly became more volatile, that would make it â–¼ less more likely the upga's cartel will be successful.

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