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strojnjashka [21]
3 years ago
7

At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w

ould be bad for business. The brokers agree that, as a group, they will not charge less than 6% commissions for the year. An individual broker could set a fee higher than that if he chooses. This type of agreement
Business
1 answer:
steposvetlana [31]3 years ago
8 0

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

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What kinds of transactions can be entered in a general journal?
snow_lady [41]

Answer:

Asset sales. Depreciation.interest income and interest expense

Explanation:

These Journals are:

Sales journal

Cash receipts journal

Purchases journal

Cash disbursements journal

8 0
3 years ago
Yerba Industries is an all-equity firm whose stock has a beta of 1.2 and an expected return of 12.5%. Suppose it issues new risk
soldier1979 [14.2K]

Answer:

a. Levered beta = unlevered beta * ( 1 + (1-tax rate)*D/E ) = 1.2 * (1 + ( 1 - 0) * (40/60) ) = 2.0

8 0
3 years ago
Which of the following statements about codes of conduct is false? a. They are formal statements of what an organization expects
Rufina [12.5K]

Answer:

E) They address every ethical issue that an employee may face.

Explanation:

Codes of conduct are all the rules that establish what is acceptable behavior and what is not acceptable behavior. Each organization should develop its own codes of conduct and provide them in writing to each of their employees.

But no matter how long and detailed a code of conduct is, it cannot include every possible ethical issue or action that can take place in an organization because the options are simply too many.

3 0
3 years ago
A common solution to the free-rider problem is Choose one or more: A. for government to provide the good and then pay for its pr
seraphim [82]

Answer:

A. for government to provide the good and then pay for its production through taxation.

Explanation:

Free Riding is an economic problem implying usage of 'non excludable' good, by people not contributing to pay for it.

Example : Roads, Bridges etc.

One most suitable solution to free rider problem is : Providing it through government and treating all prospective beneficiaries as unified consumers set , dividing the entire total cost equally between all of them - through mechanism of taxation

5 0
4 years ago
What happens on the money balances market (the demand and supply for money) when the Federal Reserve conducts an open market pur
Papessa [141]

Answer:

Increased Money supply and decreased rates

Explanation:

When the Federal reserve buys the bonds on the Open market operations, the cash is disbursed by the Fed to the seller of bonds which in case increases the money that is supplied in the market and hence the quantity of money held by general public. The interest rate will ultimately decrease as the money supply is more and people tend to spend more than save.

Hope this clear things up.

Goodluck.

8 0
4 years ago
Read 2 more answers
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