Answer:
The correct answer to the following question is option A) charging slightly lower price and raising production .
Explanation:
A cartel can be defined as a group of firms , that join forces together to decide what level of output should be produced and at what prices they should be sold at. A cartel generally forms in oligopoly market where there are few firms in the market and they all have significant share in the market.
Reason why firms join forces together is because they want to have more dominant position in the market and increase the market power. So these type of cartels forms a monopoly n the market and earn high profits. But there are always chance of firms cheating each other in market, by either increasing the production or decreasing the price by a small percent, which will allow them to earn more profits.
Answer: Participating preferred
Explanation:
Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.
1 5/7 would be the quotient
Answer:
c. $5.1 per hour.
Explanation:
Estimated Manufacturing overhead = $249,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $249,000 / 50,000
Predetermined overhead Rate = $4.98
The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.
Estimated Manufacturing overhead = $254,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $254,000 / 50,000
Predetermined overhead Rate = $5.08 = $5.1 per hour
The answer is when global demand for exclusive and private-label footwear is so far under global plant volume that it will be intolerable for most all companies to cost-effectively operate their plants at full volume for many years to come. If the prediction shows that global demand is far under global volume, then it isn't conceivable for everyone to sell everything. In this circumstance the most liquid and solvent company will appear ahead, maybe a company could hold onto volume and ferociously hold onto market share.
