Agroup of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. they charge the same rate no matter how many children there are, or when the service is needed. then they divide areas of town on a map between them, agreeing to only serve customers within their respective areas. within weeks they have gained most of the business in town, driving out other teens that cannot lower their rates. the babysitting market in your town has become:

a cartel.

Explanation:

A cartel is, usually, when a lot of companies of the same product get together to fix the price of a product. In the US, it is a felony and companies are usually charged a high fine that can go up to 1.000.000 dollars.

In the example, it is a cartel in a small size, run by a group of teens. But by charging this flat fee of five dollars and gaining a big part of the babysitting jobs, they are putting the prices down and making it impossible for anyone to compete with any price higher than this.

moves its body by bending from side to side. hope this