Answer:
The correct answer is option A.
Explanation:
The association of De Beers and its affiliated producers is a cartel.
A cartel is formed by the producers in an oligopoly market, in order to protect their interests and earn higher profits. Forming a cartel is generally not legal in many countries. Cartels can be formed both formally and informally.
Members of a cartel can fix a higher price to earn more profit.
Answer:
The answer is letter C
Explanation:
Detailed, lengthy, legalistic union contracts; procedural flexibility.
Answer and Explanation:
From the given case/scenario we can state that the manager would choose offering the employees opportunity for the achievement and also recognition
.
Two factor theory which is also referred to as the Herzberg's hygiene-motivation theory and the dual factor theory, under this there are few certain factors in a workplace which tends to cause the job satisfaction while on the other hand the separate set of another factors tends to cause dissatisfaction, these factors act independently.
Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.
Explanation:
If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.
This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.
