“No cartel in history has ever succeeded for very long. There is just too much opportunity to cheat.’’ What does it mean for a cartel member to ‘‘cheat’’? What would a member of, say, the OPEC cartel...

“No cartel in history has ever succeeded for very long. There is just too much opportunity to cheat.’’ What does it mean for a cartel member to ‘‘cheat’’? What would a member of, say, the OPEC cartel actually do if it were to cheat? Why would this undermine the cartel?