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3 years ago

What involves the agreement on the part of multiple corporations to charge a particular price for a good or service?

Business

2 answers:

SashulF [63]3 years ago

8 0

Price fixing. Hope this helps :)

loris [4]3 years ago

3 0

The correct answer is C. Price-fixing

Explanation:

In the economy, price-fixing occurs as different corporations, businesses or manufacturers agree on the price of one specific good or service. This implies the price is somehow fixed as none of the corporations participating can sell the product or service at a higher or lower price. This is common in the case corporations want to sell a product or service at a higher price, which represents a benefit for them; however, in most countries, this is against the law because each corporation needs to set a price based on their product, features, and economic forces. According to this, it is price-fixing the process that involves the agreement on the part of multiple corporations to charge a particular price.

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What is the key difference between target plan bonus and predetermined allocation bonus?

Svetllana [295]

What is the key difference between target plan bonus and predetermined allocation bonus? Predetermined allocation bonuses are fixed; target plan bonuses are not.

Predetermined allocation bonus are a fixed rate and they are based on a total from the bonus pool of a company. The target plan bonus can increase or decrease with performance.

6 0

2 years ago

Marquis Company uses a weighted-average perpetual inventory system.

bogdanovich [222]

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= $10 \ unit+15 \ unit$

= $25 \ unit$

Average cost will be:

= $\frac{[(10\times 12)+(15\times 14)]}{29}$

= $\frac{120+210}{29}$

= $\frac{330}{29}$

= $11.38$ ($)

hence,

The cost of sale will be:

= $Units \ sold\times Average \ cost$

= $12\times 11.38$

= $136.44$ ($)

6 0

3 years ago

A revenue management (RM) system for an airline seeks to minimize each customer's ticket price of travel on the airline's flight

nikdorinn [45]

Answer: False

Explanation:

The given statement is false that the revenue management method are used for the purpose of reducing the airline tickets of the customers as the RM system is majorly designed for the purpose of allocating the seats in the flight on the basis of their fares.

The main objective of the revenue management is to maximum the profit by optimizing the inventory according to the customer requirement.

According to the given question, the RM system is not used for minimize the customer's Arline tickets so the given statement is false.

7 0

3 years ago

What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5%? a. $16,576 b. $19,334

jeyben [28]

Answer:

The correct answer is E.

Explanation:

Giving the following information:

Ordinary annuity with 10 payments of $2,700. The interest rate is 5.5%.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual pay

FV= {2,700*[(1.055^10)-1]}/0.055= $34,763.45

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 34,763.45/(1.055^10)= 20,352

4 0

3 years ago

Fireworks, Inc., had an explosion in its plant that destroyed most of its inventory. Its records show that beginning inventory w

Zielflug [23.3K]

Answer:

$15,000

Explanation:

The computation is given below:

The goods available for sale is

= $40,000 + $480,000

= $520,000

And the sales is $620,000

So, the gross profit

= $620,000 × 25%

= $155,000

So, the cost of goods sold is

= Sale - Gross profit

= $620,000 - $155,000

= $465,000

Now the ending inventory is

= $520,000 - $465,000

= $55,000

And, the reimbursement amount is

= ($55,000 - $5,000) × 70%

= $35,000

So, the loss from the explosion is

= $55,000 - $5,000 - $35,000

= $15,000

6 0

3 years ago