When firms in a particular industry informally agree to charge the same price as the largest firm in that industry, it is called: tacit collusion.
Tacit conspiracy is a conspiracy between challengers, which don't explicitly exchange information and achieve an agreement about the collaboration of conduct. There are two types of wordless conspiracy- combined action and conscious community. In a combined action also known as combined exertion, challengers change some information without reaching any unequivocal agreement, while a conscious community implies no communication. In both types of wordless conspiracy, challengers agree to play a certain strategy without explicitly saying so. It's also appertained to as oligopolistic price collaboration or wordless community.
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Answer: Hi your question is incomplete attached below are the missing details
answer :
A) 16 used DVDs
B) i) $18
ii) $6
iii) $8
Explanation:
<u>A) Determine the weekly shortage of used DVDs due to ceiling price = $11</u>
shortage = Quantity demanded ( H ) - Quantity supplied ( F )
at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4
= 20 - 4 = 16 used DVDs
B) i) <em>New consumer surplus = ADLK </em>
ADLK = ∠ ABK + BKLD
= 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18
<em>ii) New producer surplus = DLE </em>
DLE = 1/2 * 4 * ( 11-8 )
= $6
<em> iii) Total economic surplus lost </em>
ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )
= $8
Answer:
There are three roles that should come into play: Subsidiaries, joint ventures, and licensing. The main role that should be used is joint ventures.
<span>Orientation training is an expnse that is shared among mulitple departments so as to the reduce the amount of cost that can be incured during this training. It would require someone that is qualified to give an orientation about the hospital, and so they should have a sufficient knowledge of this particular hospital. Furthermore oreientaion is similar for most departments so the cost can be shared since there are no specific needs for a particular department.</span>