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zvonat [6]
3 years ago
8

What do you call an agreement made between different companies to charge the same amount for products?

Business
2 answers:
motikmotik3 years ago
8 0

Answer:price-fixing.

Explanation:

aliya0001 [1]3 years ago
5 0
The agreement made between different companies to charge the same amount for products or to not sell the products below a fixed price is known as <u>price-fixing.</u><u />

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an oligopolist has a marginal revenue curve that jumps down at 500 units of output. what kind of oligopoly does the firm most li
STALIN [3.7K]

The marginal revenue curve of an oligopolist begins to decline after 500 units of output. Which type of oligopoly does Sweezy's company most likely operate under?

A market system known as an oligopoly occurs when a small number of important sellers or manufacturers dominate a market or an industry (from the Greek words oligos, "few," and v, polein, "to sell"). The result of corporate cooperation to boost profits is typically oligopoly. Numerous industries have been identified as being oligopolistic, including commercial aviation, power providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and auto manufacturing. Because of the decreased competition, consumer prices would increase and labour earnings will decrease.

Learn More About oligopoly:

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6 0
2 years ago
Boxer Company owned 24,000 shares of King Company that were purchased in 2019 for $350,000. On May 1, 2021, Boxer declared a pro
ivolga24 [154]

Answer:

$92,000

Explanation:

Calculation for By how much is retained earnings reduced by the property dividend

Using this formula

Reduction in Retained earnings=(Boxer stock outstanding/Declared property dividend )×King stock market price)

Let plug in the formula

Reduction in Retained earnings=(46,000/10 shares ) x $20

Reduction in Retained earnings= $92,000

Therefore By how much is retained earnings reduced by the property dividend is $92,000

7 0
3 years ago
When does accrual basis accounting record a transaction?
serg [7]
When does accrual basis accounting record a transaction? When under new ownership.
5 0
4 years ago
Read 2 more answers
Walsh Company sells inventory to its subsidiary, Fisher Company, at a profit during 2017. With respect to one-third of the inven
zimovet [89]

Answer:

Cost of goods sold.

Explanation:

Equity method in accounting is the process by which profits and losses of a company are allocated on the basis of investments made in it. Take for example a parent company has a 40% stake in a subsidiary. When the subsidiary makes profit or loss the parent company recieves a share.

The investor is usually referred to as an associate or affiliate and usually own 20-50% of voting shares in the company. Therefore the equity method is used and not the cost method.

To account for unrecognised intra-entity profit a credit will be passed to cost of goods sold.

3 0
4 years ago
What is the medium of exchange?
mylen [45]

Answer:

"an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties" but in my own words it is the price of a menimum wage between 2 or more people

6 0
3 years ago
Read 2 more answers
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