1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksandrR [38]
2 years ago
15

In 2007, five or six major pharmaceutical companies formed a group in order to control the price of vitamins and adjust their pr

oduction. such an arrangement is called a ________.
Business
1 answer:
NeX [460]2 years ago
4 0
Five or six major pharmaceutical companies formed a group in order to control the price of vitamins and adjust their production in the year of 2007. This kind of organization is an example of cartel. A cartel is an organization shaped from a official arrangement among a group of manufacturers of a good or service to standardize supply in an exertion to regulate or manipulate prices. In addition, a cartel is an assortment of otherwise independent businesses or countries that serve together as if they were a single producer and are able to fix values for the goods they manufacture and the services they render in deprived of competition.
You might be interested in
Biozone provides its employees career counseling, skills workshops, and networking sessions. This work-life initiative used by B
gayaneshka [121]

Answer:

C) information based strategies

Explanation:

Based on the information provided within the question it seems that this work-life initiative used by Biozone falls under the category of information based strategies. These are strategies that focus on improving employee work flow and efficiency by providing them with benefits and activities that increase their knowledge base, such as skills workshops and networking sessions that can lead to good work relationships with people in the same industry to rely upon.

5 0
2 years ago
Dan works 50 to 60 hours a week supervising a group of engineers. He realizes that he is spending too much time training new eng
Allisa [31]

Answer:

The correct answer is letter "B": Identifying alternative solutions.

Explanation:

By identifying alternative solutions someone is trying to discard the solution of a problem over another because one of them is helpful but carries a problematic situation. In this process, it is important to identify in what way an objective can be reached without implying affecting other areas or people involved.

4 0
3 years ago
Which one of these statements is correct? Long-term debt is the residual difference between assets and liabilities. Net income t
sergey [27]

Answer:

Long term debt requires a payout of cash within a stated time period.

Explanation:

When entering into a long term debt, there are terms and conditions like interest to be charged and payment terms so obviously there is an expected cash payout to repay the debt at a stated time period.

3 0
3 years ago
Read 2 more answers
Find out equilibrium price and output for the following market condition.
Ierofanga [76]

Answer:

At equilibrium demand is equal to supply therefore  

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE  equilibrium price  is 10

Explanation:

6 0
3 years ago
An important function of the regional Federal Reserve Banks is Question 2 options: A) clearing checks. B) determining monetary p
zysi [14]

Answer:

B) determining monetary policy AND D) setting reserve requirements.

Explanation:

The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.

The Fed's main duties include <u>conducting national monetary policy, </u>supervising and regulating banks, maintaining financial stability, and providing banking services.

Furthermore, In the United States, the Federal Reserve Board of Governors <u>controls the reserve requirement</u> for member banks.

3 0
2 years ago
Other questions:
  • Kevin purchased a lawn mower. The blades were so dull that the mower could not cut the grass in his backyard. Due to the existen
    9·1 answer
  • This term refers to the length of a training session:
    13·1 answer
  • Megan buys a bond that is redeemable for its par value of 20,000 after 5 years. The bond pays coupons of 800 annually. The bond
    11·1 answer
  • Product mix width refers to the ________. A) number of versions offered for each product in the line B) ways in which the variou
    8·1 answer
  • Who is responsible for responding to workflow(s) for equipment dispatch requests through the business workplace require An appro
    8·1 answer
  • Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most recent balance sheet. The curren
    11·1 answer
  • 11.(03.03 LC)
    15·2 answers
  • The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lo
    11·1 answer
  • If a rise in incomes is the same proportion for both low-income and high-income workers, then poverty will rise and inequality w
    12·1 answer
  • If the world price for a good exceeds the before-trade domestic price for a good, then that country must have.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!