FALSE. Cartels are NOT CORPORATIONS that control almost all of the production and sale of a single product.
A cartel is an agreement between competing firms to control prices of goods. They may also come into agreement to hinder the entry of a new competitor.
A cartel rises in an oligopoly. This means that few sellers are in the market and these sellers control the price and production of various goods.
Answer:
Explanation:
The first step is to determine the income to be carried forward:
The diagram is attached.
Therefore, the amount of consolidated retained earnings is (a.) $235,000
The equilibrium is the only price where quantity demanded is equal to quantity supplied.
Answer:
External comparison
(occupational equity)
Explanation:
Motivation is commonly defined as a set of distinct energetic forces that occurs as a result of both within and outside an employee; start with work-related effort; and set its direction, intensity, and constancy.
Equity theory is simply a theory of motivation. It shows that motivation is based on an individual's views of his/her life and what happens in lives of other people.
comparison others
Based on the theory of equity, this is the act of viewing or examination our own efforts and results and them comparing them to the efforts and results of others people. Therefore we use the other individuals as a comparison other.
External comparison
Is simply defined as the act by which an individual or employee of a company is compared of himself or herself to an employee from another company . That is When an employee from another company is known as the "comparison other," .
Answer:
$490
Explanation:
Let xR be the revenue function
xR = (4 + 0.2(x))(100 - 2x) = 400 + 12x - 2x²/5
Maximum revenue occurs when xR = 0:
xR = 12 - 4x/5 = 0
x = 15
Admission price = 4 + (0.2*15) = 4 + 3 = $7
Max revenue = $7 * (100 - (15*2) = 7 *70 = $490
