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Anna11 [10]
2 years ago
8

Dan is the President of a major corporation. He is hiring a new Vice President, and while he knows Lauren is the most qualified

for the job, he selects George for the position. This is an example of ______.
Business
1 answer:
aksik [14]2 years ago
5 0

The fact that Dan picked George over Lauren even though Lauren was the most qualified shows homosocial reproduction.

<h3>What is homosocial reproduction?</h3>

This refers to when people employ or choose people for a position that they feel are more like them.

Dan selected George over Lauren because he felt that George was more like him and so could be trusted better.

Find out more on employment bias at brainly.com/question/17368438.

#SPJ1

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Firms might be tempted to cheat on the collusive agreement because each firm could achieve multiple choice 8 increased sales. hi
blagie [28]

Through price collusion, each firm would achieve higher profits.

When competing businesses agree to cooperate, such as by raising prices in order to increase profits, this is called collusion. Collusion is a strategy used by businesses to increase profits at the expense of customers and lowers market competition.

Lower consumer surplus, higher prices, and more profits for the colluding businesses are the results of collusion. It may enable oligopolists to exercise monopoly power and increase their group earnings. In an oligopoly, businesses have a strong incentive to work together.

Collusion may be a tactic used in times of unproductive economic circumstances to try and rescue the industry and save companies from going out of business, which would not be for the long-term benefit of consumers.

To learn more about collusion

brainly.com/question/15776792

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6 0
1 year ago
An example of market power
Soloha48 [4]
A monopoly is the best example of a company with substantial market power
7 0
3 years ago
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There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season ticket
In-s [12.5K]

Answer: quantity demanded of Packers tickets decreased.

Explanation:

First and foremost, we should note that normal goods are the goods that when the income of an individual rises, the individual will buy more and in a case whereby the income reduces, the person will buy less.

Therefore, during recession when people's incomes decreased, the quantity demanded of Packers tickets decreased as well

7 0
3 years ago
Under the temporal method, income statement items that relate to newly recognized assets and liabilities generally are remeasure
ad-work [718]

Answer: historical exchange rate

Explanation:

The temporal method is also referred to as the historical method. Under this method, the currency of a foreign subsidiary is being converted into the currency of the parent company.

It should be noted that under the temporal method, the income statement items which relate to newly recognized assets and liabilities generally are remeasured using the historical exchange rate.

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3 years ago
The store purchases used goods for resale from people that bring items to the store. since that can occur anytime that the store
KiRa [710]
That doesnt seem right
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