Answer: An individual cartel member has an economic incentive to sell more than its quota, thus cheating on the cartel agreement. However, if all cartel members sell more than their quotas, the cartel price will fall, and profits will vanish
Explanation: A cartel is defined as group of businesses or nations that collude to limit competition within an industry or market. Thus, a major purpose of a cartel is to drive up price and profits thus restricting market output. This restriction however, requires cartel members to sell no more than their given quotas which provides individual cartel member with economic incentives to sell more than its quota resulting in cheating and a breach of cartel agreement. This leads to a fall in cartel price and vanishing profits should all members sell above their quotas which is a direct contradiction to the purpose of cartels.
Answer:
<u> c. implies that the national government exerts minimal influence on the exporting and importing decisions of private firms</u>
Explanation:
- Free Trade is a trade policy by the govt of various countries to remove the restriction from the imports and exports of goods and services which is ideal for the international trade.
- Trade-in services without taxes or other trade barriers, Unregulated access to market information, increase economic growth and lower the government spendings and also allows for the technology transfer. It also leads to jobs outsourcing.
The answer is b. 6
There are 6 types of bankruptcy outlined by title 11 of the United States Codes. Those cases are :
- Chapter 7
Bankruptcy governs the process of liquidation. Designed for debtors in financial difficulity who do not have the ability to pay their debt
- Chapter 9
Bankruptcy available exclusively for municipalities
- Chapter 11
Which designed for reorganization of a business
- Chapter 12
Similar to cahpter 11, but only apply for farmers and fishermen
- Chapter 13
Which designed for debt rehabilitation
- Chapter 15
If the bankruptcy case involve some assets that was spread across the country
Answer:
¿Cuáles son los mecanismos de prevencion del hipo cientificamente?
Hay una serie de medidas o remedios que parecen ayudar a frenar el hipo entre los que se pueden citar: Tomar un vaso de agua fría. Beber agua agachando el cuerpo hacia delante. Aguantar la respiración y espirar después lentamente, repitiendo varias veces el proceso.
The unit selling price of the selling price is equal to the sum of the original price and the amount that should be added for the marking-up, which is equal to 30% of the original per unit cost. This can be calculated through the equation below.
per unit selling price = ($18)(1.30) = $23.4
ANSWER: $23.4
