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Shkiper50 [21]
1 year ago
5

a cartel is a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves

Business
1 answer:
Sergio [31]1 year ago
4 0

A cartel is a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves.

<h3>Cartels </h3>

Cartels are competitors in the same industry and seek to reduce that competition by controlling the price in agreement with one another. Tactics used by cartels include reduction of supply, price-fixing, collusive bidding, and market carving.

Some examples of a cartel include The Organization of the Petroleum Exporting Countries (OPEC), an oil cartel whose members control 44% of global oil production and 81.5% of the world's oil reserves.

<h3>Types of Cartels</h3>

Price Cartels – They fix the minimum prices per their demand-supply ratio. Members cannot sell products below those prices.

Term Cartels – They agree on business terms on a routine basis. Each member is obliged to follow the terms of trade.

To learn more about Cartels visit the link

brainly.com/question/14265043

#SPJ4

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Mariposa Corporation is considering purchasing equipment for $200,000. Mariposa expects this equipment will last for 20 years an
Westkost [7]

Answer:

$24,220

Explanation:

After tax cashflow formula as follows;

AT cashflow = Income before taxes(1- tax) + annual depreciation amount

Depreciation amount is added back because even though it is an expense deducted to arrive at the income before tax, it is not an actual cash outflow.

Annual depreciation amount = $200,000/ 20 = $10,000

AT cashflow = 18,000*(1-0.21) + 10,000

= 14,220 + 10,000

= 24,220

Therefore, Mariposa’s expected cash flow after taxes per year is $24,220

6 0
3 years ago
Critics of labor unions argue that unions are no longer needed to protect workers from abusive and unfair treatment because:
Evgen [1.6K]

Answer:

C. laws and modern management attitudes minimize the possibility of unsafe working conditions and unfair treatment of workers found in earlier eras.

Explanation:

Throughout the history, labor unions have been formed to protect the rights of labors. The reasons behind the formation of these labor unions were;

Unavailability of labor laws

Unsafe working conditions

Poor attitude of management

low wages etc

Therefore, critics claim that in the modern times there is no need for labor unions because labor laws has been created and implemented in order to safeguard the rights of labors. Regulatory authorities have been formed to ensure safe working conditions. With the passage of time, the attitude of management has changed a lot and they are now much more considerate towards their employees and treat them as equal beings in contrast to old times.

4 0
3 years ago
Correct the single error in each of the following sentence. A week later, you browses through the trend reports​
Sergio [31]

Answer:

A week later, you browse through the trend reports.

6 0
3 years ago
jennifer has the transactions below, what is the combined impact on her net worth when considering all of the transactions? She
slamgirl [31]

Answer:

1. No effect

2. Outflow of cash

3. No effect

So, by $6,000, the net worth would decrease.

Explanation:

1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.  

2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.  

3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.  

So, the net worth would decrease by $6,000

4 0
3 years ago
Which of the following are strategies a company might use to increase its net profit?
valentinak56 [21]

Answer:

Minimize startup costs

Raise prices

Get more efficient

Increase the number of sales

Explanation:

<h2>Follow instagrm at --> mvnnyvibes</h2>
8 0
2 years ago
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