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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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A young college student was making a purchase at her local department store. The clerk suggested that she would get an additiona
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Answer: a. Reports indicate that students are particularly vulnerable to these tactics. If you fail to pay off the balance, you end up paying much more than the original purchase price for your items.

Explanation:

Even though financial advice is usually tailormade for the individual, a financial expert would most likely give this advice to a student because students are indeed vulnerable to such tactics.

They would be more prone to spend more in the store as a result of the credit card and this will lead to them being unable to pay off balances which will then lead to them paying much more than the original price they would have paid.

4 0
3 years ago
A C corporation earns $4.50 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, an
sladkih [1.3K]

Answer:

B) $1.98  

Explanation:

Corporate tax = $4.50×35%

                       = $1.575

Personal tax = $2.00×20%

                     = $0.40.

Total amount of taxes = Corporate tax + Personal tax

                                     = $1.575 + $0.40

                                     = $1.98

Therefore, The total amount of taxes paid if the company pays a $2.00 dividend is $1.98

6 0
3 years ago
____ attributes are those that require some trial or consumption before evaluation
iris [78.8K]
<span>Experience attributes are those that require some trial or consumption before evaluation.</span>
8 0
4 years ago
If a scholar associates continued economic challenges in Africa as an outcome of previous European colonialism, to which theoret
natima [27]

Conflict theory is a framework in which conflict is the result of a wrong, or wrong distribution of resources. This could be the case in colonial Africa, as the European colonies enjoyed many resources.

<h3>How did European colonization affect the African economy?</h3>

Colonialism made African colonies dependent on introducing a unique cultural economy in the region.

The Europeans also humiliated African workers and traders. It forced the Africans to work in the colonial lands for very low wages and deported them.

Thus, the theoretical paradigm that can be associated with these economic challenges is Conflict theory.

To learn more about Conflict theory, refer:

brainly.com/question/17187400

#SPJ1

8 0
2 years ago
Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as __________(equity or
const2013 [10]

Answer:

The correct answers are:

- Debt.

- An IOU promise to pay.

- The stockholders.

Explanation:

To begin with, in the field of finance the <em>bond</em> is an instrument of <u>indebtedness</u> of the bond issuer to the holders. Moreover, this instrument is also known as a <u>debt security</u> under which the party that generated the bond owes a debt to the holder of the bond and must pay ir under certain circumstances stipulated at the time of the purchase, therefore that it is known that the bond is a form of<u> ''I owe you'' or IOU</u> promise to pay. Furthermore, the <u>bondholders are only lenders</u> and therefore they do not owe a part of the company, so that means that if the company runs into financial difficulty then the stockholder, who do owe a part of the company, will be paid first.

3 0
3 years ago
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