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N76 [4]
1 year ago
14

Practices that reduce competition without actual documented agreements between firms to raise price are commonly referred to as

______________________ .
Business
1 answer:
fredd [130]1 year ago
8 0

Practices that reduce competition without actual documented agreements between firms to raise price are commonly referred to as <u>restrictive practices.</u>

<h2>How does competition affect the demand curve of a firm?</h2>

When competing firms establish prices in response to the prices set by their competitors, the demand curve that each firm faces becomes ambiguous. Increased government wheat price subsidies will not make wheat growing more lucrative.

<h2>What has the regulator allowed firms to do to set prices?</h2>

The regulator has allowed for an adjustment for the firm's usual rate of profit, and then established the price that customers can be paid correspondingly.

<h2>What are Restrictive practices?</h2>

Restricted interventions are another term for restrictive practice. This is when someone is forced to do something they don't want to do or is prevented from doing something they want to do.

This can be accomplished by employing:

  • seclusion.
  • environmental constraint medication (sometimes referred to as chemical restraint).
  • mechanical restraint psychological restraint.

Learn more about Restrictive Practices:

brainly.com/question/4473152?referrer=searchResults

#SPJ4

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As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated de
Mrrafil [7]

Answer:

This is a repeat question on Brainly but here you go.

<h2><em>$51,500 </em></h2>

Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent

So, the equipment amount should be debited at <em>$51,500 </em> instead of the original cost or the replacing cost

4 0
3 years ago
Longview Hospital performs blood tests in its laboratory. The following standards have been set for each blood test performed:
Julli [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard:

Direct materials 2.0 plates $2.75 per plate

Direct labor 0.2 hours $15.00 per hour

Variable manufacturing overhead 0.2 hours $7.00 per hour

Actual:

1,500 blood tests.

3,600 plates were purchased for $9,540

3,200 plates were used for blood tests

340 actual direct labor-hours were worked for $5,550

1)The materials price variance:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.75 - 2.65)*3,600= $360 favorable

2) The materials quantity variance:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*1,500 - 3,200)*2.75

Direct material quantity variance= $550 unfavorable

3) The labor rate variance:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 16.32)*340= $448.8 unfavorable

4) The labor efficiency variance:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,500*0.2 - 340)*15

Direct labor time (efficiency) variance= $600 unfavorable

5) The variable overhead efficiency variance:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,500*0.2 - 340)*7

Variable overhead efficiency variance= $280 unfavorable

8 0
3 years ago
A datacenter recently experienced a breach. When access was gained, an RF device was used to access an air-gapped and locked ser
alex41 [277]

Answer:

a. Faraday cage

Explanation:

Faraday cage -

It refer to as a shield which helps to block any electromagnetic fields , is referred to as faraday cage .

It is also known as Faraday shield .

In a Faraday cage , a mesh or covering conductive material is added to block any electromagnetic field .

Hence , from the given information of the question ,

The correct answer is a. Faraday cage .

5 0
3 years ago
Adjusting factory overhead LO P4
irga5000 [103]

Answer:

26,500 Under applied

Explanation:

<em><u>Lock-Tite Company</u></em>

Actual Factory Overhead 215,000

Factory overhead Indirect materials 15,000

Indirect labor 80,000

Other overhead costs 120,000

Direct Labor = 345,000

Predetermined Overhead = 70% of $ 345,000= $ 241,500

Actual Overhead = $ 215,000

Difference = Predetermined Overhead - Actual Overhead

                = 241,500- $ 215,000= 26,500 Under applied

We find the difference between actual overhead and applied overhead to find the underapplied ( overapplied overhead. If the actual overhead is less than applied overhead it is underapplied. But if the actual overhead is greater than applied overhead it is over applied.

Raw materials Opening $ 43,000

Add Materials Purchases 195000 ( 210,000 - 15000)

Less Raw materials Closing $ 52,000

Direct Materials Used 186,000

Direct Labor  345,000

FOH   215,000

Total Manufacturing Costs  746,000

Add Work in process  Opening 10,200

Less Work in process Closing 21,300

Add Finished goods  Opening 63,000

Less Finished goods Closing  35,600

Cost Of Goods Sold 762,300

8 0
3 years ago
A short forward contract that was negotiated some time ago will expire in 4-month and has a delivery price of $42.25. The curren
padilas [110]

Answer:

the  value of the short forward contract is -0.49

Explanation:

the computation of the value of the short forward contract is shown below:

= (Delivery price - current forward price)× e^(risk free interest rate × no of months ÷ total number of months)

= ($42.25 - $42.75)× e^(-7.90% × 4÷12)

= -0.49

Hence, the  value of the short forward contract is -0.49

Therefore the same should be considered  

8 0
3 years ago
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