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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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Which of the following demonstrates the law of supply?a) When leather became more expensive, belt producers decreased their supp
snow_tiger [21]

Answer:

D

Explanation:

The law of supply states that when the price of an object rises, so does the quantity supplied. If the ketchups prices rise, so will the quantity that is supplied making this an example of the law of supply.

3 0
3 years ago
How might you balance personal values with the desire to make a profit?
Natali [406]

Answer:

Every investor who ventures into the world of stock investments and finance does so with the clear objective of obtaining an economic gain: it is his clear purpose, and there is no other reason to take the risk than to obtain a benefit greater than the risk assumed. .

Now, each investor is a completely different individual from the others, and in that tenor, each of them has personal values that may be completely different from each other. Thus, each investor must balance her economic interests with her personal values: for example, a conservative and religious investor must analyze in her private heart if she wishes to invest in a company that finances research on abortion.

In this context, in my case my personal convictions do not influence my work, that is, investing is part of my work activity and therefore, my opinions are put aside when considering the investment that can provide the most profits.

4 0
3 years ago
Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $150 per unit. T
iVinArrow [24]

Answer:

The amounts of pretax and after-tax income can the company expect to earn from these predicted changes are $1,795,000  and $1,436,000  respectively.

Explanation:

The sales less the variable cost gives the contribution margin.

The contribution margin less the fixed cost gives the net operating income.  Furthermore, net income is the difference between the total sales and the total costs (fixed and variable).

Both sales and variable cost are dependent on the number of units sold.

with these expected changes,

Pretax Income

= 40,500($205 - $145) - $635,000

= $1,795,000

After tax income

= 80% * $1,795,000

= $1,436,000

4 0
3 years ago
Wright Company sells merchandise with a one-year warranty. This year, sales consisted of 2,000 units. It is estimated that warra
Marianna [84]

Answer:

$ 30,000.00

Explanation:

The cost of warranty is expensed the same period the sale is made.  Warranty can be estimated, and expensing them together with sale matches a sale and its relevant cost.

<u>In this case: </u>

Estimated warranty @ $15 dollar per unit sale

total unit sold =2000

Warranty amount = $15 x 2000

   =$ 30,000.00

To be expensed when the sale is made

7 0
3 years ago
An exchange-rate policy in which the government usually allows the exchange rate to be set by the market, but sometimes interven
uranmaximum [27]

Answer: Managed Float

Explanation:

Also called "Dirty Float", the Managed float is an exchange rate system that allows for the currency of a country to be set by the forces of demand and supply in the market.

However, unlike in a clean float,  the Central bank will occasionally intervene in the market to influence the how fast the currency is changing value or to control the direction it is going.

This is usually done to protect the domestic economy from sudden shocks in the global economy.

3 0
3 years ago
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