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laila [671]
3 years ago
14

Cartels are difficult to maintain in the long run because A. cartels are illegal in all industrialized countries. B. entry barri

ers are insignificant in oligopolistic industries. C. it is more profitable for the industry to charge a lower price and produce more output. D. individual members may find it profitable to cheat on agreements.
Business
1 answer:
vichka [17]3 years ago
8 0

Answer:

D. individual members may find it profitable to cheat on agreements.

Explanation:

Cartels are a group of independent market contributors that collaborate with each other with the sole aim of growing their profits and establishing full domination in the market. Most times, cartels occur within the same sphere of business, and thus an alliance of rivals. But sometimes, certain members may try to be cunny and cheat another party involved which makes cartels difficult  to manage in the long run.

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Kevin’s Bacon Company Inc. has earnings of $7 million with 2,500,000 shares outstanding before a public distribution. Eight hund
seraphim [82]

Answer:

$2.80

Explanation:

The computation of the corporation’s earnings per share before the offering is shown below:-

Corporation’s earnings per share before the offering = Earnings ÷ Outstanding shares

= $7,000,000 ÷ 500,000

= $2.80

Therefore for computing the corporation’s earnings per share before the offering we simply applied the above formula.

8 0
3 years ago
When Joanne saw a television ad for a large retail chain of jewelry stores, she was impressed with the money-back guarantee that
inessss [21]

Answer:

vehicle option source effect

Explanation:

Vehicle option source effect -

In this case , advertising about any good or commodity by using different platforms like online , offline , television , radio etc. , may tend to impact the mind of the consumer differently , which may hamper or confuse their decision to purchase the product . This practice is known as vehicle option source effect .

Hence , selecting the correct and proper method to advertise is very important to the sale of the goods and services .  

6 0
4 years ago
Frederick Taylor relied on _______ to make management decisions.
Dahasolnce [82]
B. Management practices
6 0
4 years ago
Read 2 more answers
If the maximum operating capacity of the Gobblecakes bakery is 12,000 cupcakes annu- ally, determine the break-even volume as a
bixtya [17]

Answer:

(a) 65.22%

(b) $28,800; $38,400; $9,600

Explanation:

Total cost:

= variable cost + fixed cost

= (12,000 × 0.90) + 18,000

= 28,800

Total Revenue:

= quantity of cupcakes sold × selling price of each cupcake

= 12,000 × 3.2

= 38,400

Profit:

= Total revenue - Total cost

= 38,400 - 28,800

= 9,600

Break even sales:

= Fixed cost ÷ contribution margin

= 18,000 ÷ (3.2 - 0.90)

= 7,826.087

Break even volume in capacity:

= Break even sales ÷ Cupcakes produced

= 7,826.087 ÷ 12,000

= 65.22%

8 0
3 years ago
Which of the following statements does not accurately describe the fair-value method of accounting?
Mama L [17]

Answer: Option (A)

Explanation:

Fair values mostly tends to exist for the marketable security but this in terms does not state that this method is applicable. For instance if investor tends to control the entity with the traded equity, therefore the investment is centralized and thereby, fair-value method of accounting is not being used.

Therefore, from the given options we can state that option (A) does not precisely describes the fair value method.

8 0
3 years ago
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