Answer: Option(D) is correct.
Explanation:
Correct option: Act as if they were monopolies.
Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.
They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.
Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.
An owner who withdraws an amount of $20000 would lead to decrease in the assets and the owner's equity by $20000.
Answer: Option D.
<u>Explanation:</u>
Assets are the things which are owned by the owner of the organisation and provide economic benefits. Liabilities are things which are the obligation on the owner of the company that he has to pay off. Equity is the share of the share holder of the company.
If an owner with draws or takes out money from the business for the personal use, it would lead to the decrease in the amount of the assets of the owner. It would also lead to the decrease in the amount of equity of the owner because he has taken out his share from the business for his personal use and not for the business.
Answer:
A mantrap
Explanation:
A mantrap controls access to a secure area, and only allows one person to pass at a time. The scenario describes the social engineering tactic of tailgating, not the control to prevent it.
Some advanced mantraps include identification and authorization systems, such as biometric systems or smart cards and PINs. However, biometrics and smart cards used for physical security do not restrict passage to one person at a time unless they are combined with a mantrap.
The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are<u> "watching a sporting event on TV for you and studying for your friend.
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An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.
Answer:
Yield to maturity is 6.6%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.
Face value = F = $1,000
Assuming Coupon payments are made annually
Coupon payment = $1,000 x 8% = $80
Selling price = P = $1,100
Number of payment = n = 13 years
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = [ $80 + ( 1000 - 1100 ) / 13 ] / [ (1,000 + 1100 ) / 2 ]
Yield to maturity = [ $80 - 7.7 ] / 1100 = $72.3 /1100 = 0.066 = 6.6%
