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
Delicious77 [7]
3 years ago
11

Each member of a cartel faces a temptation to cheat on the agreement because lowering its price slightly below the established p

rice will possibly increase the firm's sales and profit
Business
1 answer:
ryzh [129]3 years ago
6 0

Answer:

True

Explanation:

This is probably one of the greatest issues that cartels around the world face, since their agreements are difficult to maintain because it is very difficult to control the price and output policies of its members.

Even the largest cartel in the world, the Organization of the Petroleum Exporting Countries (OPEC), has problems when it comes to monitoring the petroleum output of its members. When some countries need more money they just increase their petroleum production even if the rest of the cartel doesn't agree with it.

You might be interested in
one way yo u can grow as an employee is seek _____wich can both positive or negative information about your performance.
pshichka [43]
The answer to the following question:

<span>One way yo u can grow as an employee is seek _____wich can both positive or negative information about your performance.

is:

evaluation/feedback</span>
4 0
2 years ago
Read 2 more answers
(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985. (ii) Explain the principal agricultural pract
Nimfa-mama [501]

Answer:

(a) (i) Define the term "Green Revolution" as used during the period 1945 to 1985.

  • The use of modern agricultural techniques became widespread around many regions in the world. This led to higher yields through the use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

  • extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

  • In North America, Mexican food production increased and they stopped importing food. Although currently that has reversed, and it is importing even more food than before.
  • In Brazil, agricultural production increased dramatically. Both total farmed area and yields have continued to increase in the past years becoming a threat to the amazon basin.

(b) Identify and discuss TWO social, political, or cultural conditions necessary for the success of the agricultural practices/technologies of the green revolution.

  • Emigration from rural areas to urban areas which resulted in a rapid expansion of urban centers. Since less labor was needed in farms, many people left rural areas due to lack of jobs.
  • People started accepting genetically modified crops, which were not well accepted at first. A lot of money was invested in research and development of new seeds, fertilizers and pesticides.

(c) Identify and discuss TWO significant economic or ecological factors that may limit the long-term success of the agricultural practices/technologies of the green revolution.

  • Many new agricultural techniques have resulted in a decrease of soil fertility. In many places crops cannot grow unless a lot of fertilizer is used.
  • Countries were the green revolution was originally successful, like Mexico (where it started), have reduced the total area dedicated to crops. As the yields increased, the price of food started to decrease and many small farms could not keep operating.  
4 0
3 years ago
True or False: The consequences of price ceilings are random, as the effects cannot be explained by the dynamics of the free mar
alexandr402 [8]
True because in Shanghai the equilibrium of the bees is much harder than the volume of the wasp in Kosovo
4 0
3 years ago
What is economic planning and its objectives plz help me
guajiro [1.7K]

Answer:

The basic objective of planning is to exercise control over the private sector of an economy. ... When the economic resources of the country are rationally arranged with a predetermined purpose, it is called economic planning. It usually refers to planning by the State.

hope it helps

5 0
3 years ago
You deposit​ $5,000 per year at the end of each of the next 25 years into an account that pays​ 8% compounded annually. How much
Volgvan

Answer:

The correct answer is A. $18,276

Explanation:

First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.

You calculate the total amount saved for each year, using the formula:

S_{n} = S_{n-1} *(1+r)+D

Where

S_{n} is the total amount in the savings account for this period.

S_{n-1} is the total amount in the savings account from the previous period.

ris the interest rate.

Dare the annual deposits being made into the savings account.

Therefore for the first year you'd do:

S_{1} = S_{0} *(1+r)+D

S_{1} = 0*(1+0.08)+5000=5000

For the second year:

S_{2} = S_{1} *(1+r)+D

S_{2} = 5000*(1+0.08)+5000=10400

And so on. You can help yourself calculate the value of this series using programs like Excel.

I have attached an Excel file that has a table with the savings values for each of the 25 years.

So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):

Withdrawals = 365,529.70/20=18,276.485

In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.

Download xlsx
3 0
3 years ago
Other questions:
  • Ernesto owns a house painting company. Total sales for the past year were $75,000. His bills for running the business were $30,0
    5·1 answer
  • The permanent school fund is managed primarily by what entity?
    13·1 answer
  • Please help me !!! It’s very important
    10·2 answers
  • Choose the answer below that is consistent with the following data: Assume that velocity is 5, the quantity of output is 1,000 i
    12·1 answer
  • The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estima
    6·1 answer
  • The government provides _____ to increase competition in the marketplace.
    5·2 answers
  • The higher the forgetting rate associated with a brand, product category, or message, the lower the warranted level of repetitio
    10·1 answer
  • A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the
    12·1 answer
  • 5. Customers' service expectations are
    10·1 answer
  • Why family members left their family business and start their own business
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!