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nexus9112 [7]
1 year ago
15

foreign steel exports, a company based in brazil, colludes with other steel-export companies from around the world to agree on t

he price of steel sold in the u.s., which causes the price of steel in the u.s. to substantially increase. this type of agreement:
Business
1 answer:
Tanya [424]1 year ago
7 0

This type of agreement is a violation of the Sherman Act.

A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.

To learn more about Sherman Act: brainly.com/question/2119756

#SPJ4

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Walmart has a lot of power and exerts strong influence on the suppliers they buy from. This channel power is an example of​ a(n)
omeli [17]

Answer:  

administered vertical market system                      

 

Explanation:

A regulated or administered vertical promotion structure refers to the framework in which, owing to its massive size, one participant of the manufacturing and distribution process is influential and unofficially conducts the essence of the vertical marketing network.

An illustration of such a framework may include a major retailer like Wal-Mart setting rules for tinier product manufacturers, such as a generic sort of washing detergent.

Managed vertical marketing programs do not use the delivery network's structured legal obligation and corporate control. Alternatively, one representative of the distribution platform produces adequate power to completely control the behavior of other representatives of the service offering.

5 0
3 years ago
Facebook is facing a(n) ____________, a situation in which they have to decide whether to pursue a course of action that may ben
Elan Coil [88]
Facebook is facing AN ETHICAL DILEMMA. Ethical dilemma occur when a choice has to be made between two alternatives neither of which resolves the situation in an ethically acceptable manner. When faced with an ethical dilemma, relax, talked with appropriate experienced colleagues, examines the ethical principles involve closely and then make your decision. 
8 0
4 years ago
Roster Co. adjusts its Allowance for Doubtful Accounts at year end. The general ledger balances for the Accounts Receivable and
k0ka [10]

Answer:

"$15,000" is the appropriate answer.

Explanation:

Debts opening balance,

= $45,000

According to the question,

The allowance to be created for the doubtful accounts will be:

= 1500000\times 4 \ percent

= 1500000\times 0.04

= 60,000 ($)

hence,

The balance amount to be created will be:

= 60000-45000

= 15,000 ($)

5 0
3 years ago
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation
Alenkasestr [34]

Answer:

d. 81

Explanation:

E(number of order) = E(X1) + E(X2) + 21 -4

                                = 12 + 12 + 17

                                = 41

Therefore, The store should order 81 .

3 0
4 years ago
I prefer to work on familiar work tasks.
yanalaym [24]
But is it good to learn new ideas, so you can grow...
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