Answer:
D. Earn short run economic profits
Explanation:
A cartel can be defined as a formal agreement reached (collusion) in an oligopolistic industry between two or more business firms that are saddled with the responsibility of producing goods and services in order to make price and output decisions such as price regulation, total level of output or supply, allocation of customers, market shares, territory allocation, division of profits, collusive bidding etc.
This ultimately implies that, when a group of independent firms in an oligopolistic industry collude by reaching a formal agreement to regulate supply, as well as manipulate or regulate prices, they do so to increase their profits and market dominance.
Hence, firms colluding earn short run economic profits.
The words should be exact so you don’t confuse it wth other ideas or change it entirely
Answer:
0.012634
Explanation:
Mean return is the expected value, or mean, of all the likely returns of investments comprising a portfolio.
Mean return E(r) = (probability of a normal economy × return of a normal economy) + (probability of economy in recession × return of economy in recession )
Therefore, the mean return E(r) = (0.80 ×0.165) + (0.20 ×-0.116) = 0.1088
Variance = 0.80 (0.165 - 0.1088)^2 + 0.20 (-0.116 - 0.1088)^2 = 0.012634
The variance of the returns on this stock is 0.012634
The managers of Kono Corp., which is an American company trying to open a branch in Europe or Asia are operating under a condition of <u>D. uncertainty</u>.
<h3>What is uncertainty?</h3>
Uncertainty refers to situations where the information is imperfect or unknown. When operating under uncertainty, some evaluations need to be undertaken to close the information gap.
<h3>Answer Options:</h3>
A. goal displacement.
B. illusion of control.
C. social reality.
D. uncertainty.
Thus, the managers of Kono Corp. are not operating under goal displacement, the illusion of control, or social reality, but it is operating under conditions of uncertainty.
Learn more about Uncertainty at brainly.com/question/3998745
Answer:
The use of Bioplastic PLA is more beneficial than the conventional plastics
Explanation:
The bioplastic PLA is more beneficial because of its compostability, less cost, less Carbon dioxide emission when they are manufactured, plant raw materials are used which absorbs Carbon dioxide, renewable energy is utilized, etc. All these benefit which conventional plastics doesn't have, will leave better impact on the environment. Furthermore, the conventional plastic was very hazardous to marine life which PLA is not. So yes, we must use PLA responsibly. Because if we are recycling more and more, then their are fewer plastic in the ocean and less are the chances that marine life gets hurt.
