An organization of producers of similar products, which controls output with the intention to fix price is a

Answer Details

An organization of producers of similar products, which controls output with the intention to fix price is a cartel. A cartel is a
group of independent market participants who collude with each other in order to improve their profits and dominate the market.
They do this by controlling the production and price of a product or service. The other options do not accurately describe this
type of organization.