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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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Terrance is very skilled in biological research and the scientific principles guiding his work. He is also punctual, well-organi
Veronika [31]

Answer:

<em>Transferable skills</em>

Explanation:

Transferable skills <em>include all abilities that you may have, that are helpful to companies throughout different employment and sectors. </em>

They may involve abilities that companies pursue in powerful applicants such as versatility, organisation, sportsmanship or other characteristics.

These skills can be used when searching for a new job to place your previous experience, especially if it's in another sector.

5 0
3 years ago
Computer Wholesalers restores and resells notebook computers. It originally acquires the notebook computers from corporations up
frozen [14]

Answer:

Yes it does as the company expect to pay for the warranty but doesn't know as it may occur or don't dependion upon the notebook hardware and software performance over the 90-days period

Warranty expense 29,500 debit

   Warranty Liability       29,500 credit

Explanation:

We will record a warrant liability for the 5% of the mount sold. As the warranty liability is generated at the time of sale which occur in December

3 0
3 years ago
) If product Light is processed further and sold, what would be the financial advantage (disadvantage) for Bodbbm177 Corporation
m_a_m_a [10]

Answer: Disadvantage of -$5,800

Explanation:

Incremental sales revenue if processed further and sold = (12 - 10) * 2,200

= $4,400

Additional cost = $10,200

Financial Advantage(Disadvantage) = Incremental revenue - Additional cost

= 4,400 - 10,200

= -$5,800

3 0
3 years ago
Mary Smith took a car loan of $33,000 to pay back in 36 monthly installments at an interest rate of 18%. Compute the loan balanc
DaniilM [7]

Answer:

$13,013

Explanation:

Mary's monthly payment = principal / PV annuity factor

principal = $33,000

PV annuity factor, 1.5%, 36 periods = 27.6607

monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03

I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013

Download pdf
3 0
3 years ago
Explain in detail the difference between the United States government's budget deficit versus the national debt.
Simora [160]

Answer:

The debt is the total the U.S. government owes—the sums it borrowed to cover last year's deficit and all the deficits in years past.

Explanation:

5 0
3 years ago
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