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3 years ago

When firms agree to act as a monopoly and set prices they are called __________?

Business

2 answers:

butalik [34]3 years ago

6 0

Apology i think:)
or math jk

goldenfox [79]3 years ago

4 0

<span>Oligopoly. An oligopoly is a market situation in which the large chunk or majority of the market share lies in the hands of a very small number of firms. Usually in such a situation these firms tend to get together and manipulate the prices to their advantage.</span>

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Terry traveled to a neighboring state to investigate the purchase of two hardware stores. His expenses included travel, legal, a

malfutka [58]

Answer: See explanation

Explanation:

a. Terry was in the hardware store business and did not acquire the two hardware stores.

The amount that Terry will deduct in 2020 will be $52000 which is the deduction for all expenses.

b. Terry was in the hardware store business and acquired the two hardware stores and began operating them on October 1, 2020.

In this case, he'll also deduct $52000 which is the deduction for all expenses.

c. Terry did not acquire the two hardware stores and was not in the hardware store business.

None of his expenses will be deducted. The amount it be deducted is 0.

5 0

3 years ago

President obama announced a $100,000,000 humanitarian aid package to haiti to support its earthquake relief. england's parliamen

Julli [10]

Answer: The parliament is likely to allocate £ 1,23,93,800.62

We arrive at the answer as follows:

Amount allocated by President Obama $100,000,000

Amount England wants to contribute 20% of President Obama's allocation

Amount England wants to contribute in USD =

$0.2 * 100,000,000 = USD 2,00,00,000$

Exchange Rate $1. 61371/1 pound sterling

We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?

Let number of pound sterlings be x

So, $\frac{1.61371}{1}= \frac{100000000}{x}$

$x = \frac{100000000}{1.61731}$

$x = 1,23,93,800.62$

3 0

3 years ago

Nevada Boot Co. reported net income of $217,400 for its year ended December 31, 2018. Purchases totaled $152,800. Accounts payab

leonid [27]

Answer:

Operating cash flows = $208,000

Explanation:

we know here that

accounts payable balance has decreased from $36,900 and $31,200

inventory balance has increased from $43,300 and $47,000

so to find out the operating cash flow any decrease in current liabilities and any increase in current assets should be subtracted from net income

accounts payable= current liability

and inventory = current asset

and

The operating cash flows to be reported should be computed as

Operating cash flows = Net income - Decrease in accounts payable balances - Increase in inventory balance ....................1

Operating cash flows =

Operating cash flows = $217,400 - ($36,900 - $31,200) - ($47,000 - $43,300)

Operating cash flows = $208,000

7 0

3 years ago

Employers prefer to review a___ resume when the history is the most important consideration. A) targeted b) combination c) chron

jeyben [28]

The answer is C: chronological (because it pertains to an order and can involve history.

3 0

3 years ago

May is a stockbroker. Due to May's statements, Nora believes that the price of OK Goods, Inc. (OKGI), a widely traded stock, is

Anna71 [15]

Answer:

Explanation:

A client can only sue a stockbroker, a financial advisor, etc., only if they made them loss money through fraud or negligence. But in this case, May (stockbroker) apparently made a mistake of value, she did nothing illegal. She might be a terrible broker, but that doesn't make her a criminal. She also didn't breach any fiduciary duty, since investing always carries a risk. If Nora doesn't like to assume risks, then she should purchase government bonds.

4 0

3 years ago