Answer:
d overt collusion.
Explanation:
Overt collusion occurs when a group of companies collude to increase price of a commodity in a given market.
Competing firms secretly come together to gain control in a market in a similar way to a monopoly.
Overt collusion is a formal agreement between the companies involved.
This practice is considered illegal in the United Kingdom and European Union
Answer:
$530,000
Explanation:
Given that
Fixed manufacturing cost = 50000
Variable manufacturing cost = 12 per ton steel
Total number of steal produced = 40000
Recall that
Total manufacturing cost = Total fixed manufacturing cost + total variable manufacturing cost
Total variable manufacturing cost = variable cost per ton × output
= 40000 × 12
= 480,000
Therefore,
Total manufacturing cost = 50000 + 480000
= $ 530,000
Total manufacturing cost = $530,000
Answer:
$1,840,000
Explanation:
The computation of the cash collected from customers is shown below:
Cash collected from customers = Cash sales + credit sales - increase in account receivable
= $500,000 + $1,400,000 - $60,000
= $1,900,000 - $60,000
= $1,840,000
By adding the cash sales, credit sales and deduct the increase in account receivable we can get the cash collected from customers and the same is shown above
Answer:
Organization learning is the process by which the managers seeks employees desires and ability to understand the task environment.
Explanation:
- Organizational learning plays an important role in managers by raising their ability to make programmer decisions that will allow them by adapting to, modifying, and even alter their work environment. Creativity helps managers in thinking and problem solving.
