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Gre4nikov [31]
2 years ago
13

If a cartel is formed in order to maximize the total profits of its members, it will:____.

Business
1 answer:
Agata [3.3K]2 years ago
3 0

If a cartel is formed in order to maximize the total profits of its members, it will <u>charge the same price and produce the same quantity as a </u><u>monopoly</u>.

In oligopolistic markets, corporations form a cartel to enjoy Monopoly earnings, Monopolies produce an amount and fee at a price at which the earnings maximizes given the firm's price feature, and the marketplace call for a curve, as a result, any other quantity or fee apart from the monopoly will no longer maximize income.

A monopoly is a scenario wherein there is a single dealer inside the marketplace. In traditional economic analysis, the monopoly case is taken because of the polar opposite of perfect competition. By way of definition, the demand curve dealing with the monopolist is the enterprise demand curve which is downward sloping

A monopoly is a firm that's the sole supplier of its product, and in which there are no close substitutes. An unregulated monopoly has marketplace power and can influence prices. Examples: Microsoft and home windows, DeBeers and diamonds, your local natural gas agency.

Learn more about monopoly here brainly.com/question/7217942

#SPJ4

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Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she
amid [387]

Answer:

The correct answer is "she should work 16 hours per week at daycare center to earn $136.00"

Explanation:

Pham can earn at the college bookstore

$9 dollars per hour x 15 hours per week she can spend  

$9 x 15 = $135

At a café she can earn  

= $12 dollars per hour x 6 hours per week

=$12 x 6 = $72

At a garage she can earn

= $10 dollars per hour x 5 hours per week

= $10*5 = $50.

At a daycare center she can earn

= $8.50 dollars per hour x 16 hours per week

= $8.50*16 = $136.

If her goal is to maximize the amount of money she can make each week,

she should work 16 hours per week at daycare center to earn $136.00

6 0
3 years ago
You are given the following information for Watson Power Co. Assume the company’s tax rate is 23 percent. Debt: 8,000 5.7 percen
____ [38]

Answer:

the company's WACC is 10.04%

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that a project must offer before it can be accepted. It shows the risk of the company.

<em>Capital Source           Market Value        Weight           Cost Total     Weight</em>  

Debt                            $8,400,000            27.71%             4.389 %      1.22%

Common stock           $24,190,000           71.17%              12.2%         8.68%

Preferred stock           $1,400,000              4.12%               3.5%         0.14%

Total                          $ 33,990,000          100.00%                            10.04%

<u><em>Calculation of Market Value and Cost of Debt</em></u>

Market Value = 8,000×($1,000×105%) = $8,400,000

Cost of Debt = interest × (1 - tax rate)

                      = 5.7% × ( 1-0.23)

                      =  4.389 %

<u><em>Calculation of Market Value and Cost of </em></u><u>Common stock</u>

Market Value = 410,000× $59 = $24,190,000

Cost of Common stock = Risk free Rate + Beta × Market Premium

                                       = 4.5% + 1.10× 7%

                                       = 12.2%

<u><em>Calculation of Market Value and Cost of </em></u><u>Common stock</u>

Market Value = 17,500× $80 = $1,400,000

Cost of Preferred stock = 3.5%

7 0
3 years ago
Answer ASAPWhich of the following is not a part of your credit report?
Sunny_sXe [5.5K]
C hopefully this helps
6 0
3 years ago
In dual agency, which duty would be the easiest to carry out for both clients?
Lena [83]
In dual agency, which duty would be the easiest to carry out for both clients? Care. In business law, care means that the person who is licensed will carry out their duties to the best of their ability and competently. 
5 0
4 years ago
How many products are priced above average?<br><br> 12<br> 18<br> 22<br> 10
geniusboy [140]
22 I hope this helpssssss
7 0
3 years ago
Read 2 more answers
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