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professor190 [17]
1 year ago
14

A major reason that firms form a cartel is to (Points : 4) reduce the elasticity of demand for the product. enlarge the market s

hare for each producer. minimize the costs of production. maximize joint profits.
Social Studies
1 answer:
dalvyx [7]1 year ago
8 0

The major reason that firms form a cartel is to maximize joint profits. The Option D is correct.

<h3>What is a cartel?</h3>

A cartel refers to the association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements of cartel are aimed at regulating prices or output or dividing up markets.

According to economist, the main justification for the establishment of cartels is for the protection from ruinous competition, which, it is alleged, causes the entire industry’s profits to be too low.

A cartelization provide for distributing fair shares of the total market among all competing firms and the most common practices employed by cartels in maintaining their industry’s monopoly position including the fixing of prices, the allocation of sales quotas or exclusive sales territories.

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________ therapists listen actively and reflect clients' feelings, whereas ________ therapists train people to dispute negative
anyanavicka [17]

Humanistic or client listen actively and reflect clients' feelings.

<h3>What is Therapy?</h3>

Therapy can be regarded as different kind of treatment that can be given to people so as to solve their mental or emotional issues.

Therefore, there are numerous types of therapy available depends on the situation.

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6 0
2 years ago
Housing, sanitation and storage facilities, and education, communication, and transportation systems are called a country's ____
laila [671]

Housing, sanitation and storage facilities, and education, communication, and transportation systems are called a country's Infrastructure.

Infrastructure is "the generic term for basic physical systems of a business region, or nation," according to Investopedia. They stress the importance of infrastructure systems for a nation's economic growth and prosperity, noting that they "tend to be capital intensive and high cost investments." Public and private physical structures including highways, railroads, bridges, tunnels, water supplies, sewage systems, electrical grids, and telephones are all considered to be part of infrastructure (including Internet connectivity and broadband access). A basic infrastructure in an organization or for a nation comprises things like communication and transportation, sewage, water, a health and education system, safe drinking water, and a monetary system. The extensive network of roadways, linking bridges and tunnels, railways, utilities, and buildings required to maintain everyday life as usual is considered critical infrastructure. These essential systems are necessary for energy, clean water, transportation, and business. Our parks and waste facilities are only a few examples of the infrastructure that makes up our roadways, transit systems, water pipes, and water treatment facilities. The majority of people rarely consider infrastructure unless, of course, it is broken.

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3 0
1 year ago
Which statements describe the relationship between the value of a resource and scarcity? Check all that apply.
Sever21 [200]

A resource becomes more valuable as it becomes more scarce.

8 0
3 years ago
Read 2 more answers
Under the Code, a contract to sell or lease personal property is recognized whenever the parties manifest such an intent, even i
Setler [38]

Answer:

True

Explanation:

Under the Uniform Commercial Code, a contract to sell or lease personal property is simply a transfer of the rights to use and possession of goods for a term that can be considered by both parties. As long as the parties involved in the contract manifests an intent, but cannot identify the exact time or moment that they formed a contract, a contract to sell or lease is still recognized.

7 0
3 years ago
South america ethnic diversity best reflects
Ostrovityanka [42]
Influxes of Asian and African americans
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3 years ago
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