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xxTIMURxx [149]
3 years ago
11

A what is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and th

eir profits.
Business
1 answer:
ser-zykov [4K]3 years ago
8 0

A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.

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Martin company purchases a machine at the beginning of the year at a cost of $60,000. the machine is depreciated using the strai
Alex777 [14]
<span>If the machine originally costs $60,000 and goes through straight-line method of depreciation, then if it has a $5,000 salvage value in 4 years, then it depreciated $55,000 in 4 years, which is about $14,000 a year. So the depreciation expense in year 4 is about $14,000.</span>
8 0
3 years ago
Read 2 more answers
1
nata0808 [166]

Answer:

The question is not comprehensive.

Explanation:

Send the image of the question.

8 0
3 years ago
If a more efficient technology was discovered by a firm, there would be Multiple Choice a downward shift in the AFC curve. an up
Pavlova-9 [17]

Answer:

a) a downward shift in the AFC curve

Explanation:

AFC = Average Fixed Cost, AVC = Average Variable Cost, MC = Marginal Cost

Average Fixed Cost is defined as the fixed cost of production divided by the quantity produced. Mathematically given as:

Average Fixed Cost = Fixed Cost ÷ Quantity

AVC = FC ÷ Q

Average Variable Cost is defined as the variable cost of production divided by the quantity produced. Mathematically given as:

AFC = VC ÷ Q

Marginal Cost is defined as the cost incurred for an additional unit to be produced. Mathematically given as:

MC = ΔC ÷ ΔQ

The firm discovered a more efficient technology implies that the cost of production is reduced. The result of this is that the fixed cost (FC) is reduced and consequently, the AFC is reduced as well. Hence, the AFC curve shifts downward. We therefore see that a reduction in fixed costs (due to the discovery of a more efficient technology) results in the AFC curve shifting downwards

<u>Hence, Option A (a downward shift in the AFC curve) is the correct answer </u>

8 0
3 years ago
Sip corp uses no debt. the weighted average cost of capital is 8 percent. if the current market value of the equity is 18 millio
grigory [225]

Since there is no debt, all the capital that the company raises is in the form of common equity.

Since there is only equity (meaning the firm is a fully equity firm), the weighted average cost of capital (WACC) is nothing but the cost of equity

In this case the WACC represents the cost of equity

Therefore, cost of equity = WACC = 8%

6 0
3 years ago
I will cash app any money you need.
IgorLugansk [536]

Answer:

1 annoying customers

2 dirty dishes

3 fast orders

Explanation:

1 try to make sure the dish is correct

2 make sure all dishes r clean before opening

3 pre make usual meal orders

5 0
3 years ago
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