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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.

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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Upon what specific assumptions is this production possibilities curve based?

mihalych1998 [28]

Answer:

C. Full employment, fixed supplies of resources, fixed technology, and two goods

Explanation:

Production Possibility curve: It is a curve that shows all possible combinations to the amounts of the two goods that can be produced with the available resources and technology.

In simple words, all resources which are used to produce the possible combinations are called full employment. Thus, these specific assumptions plays vital role in production possibilities curve.

So, A, B, and the D are incorrect options.

3 0

3 years ago

The following 3 questions are based on this information. Kings Department Store has 625 rubies, 800 diamonds, and 700 emeralds f

ExtremeBDS [4]

Answer:

129 bracelets and 59 necklaces.

Explanation:

Kings departments store wants to maximize profit by making a combination of its two products necklaces and bracelets. The King store should use a strategy so that it can generate maximum profit with its available rubies, diamonds and emeralds.

$250a + $500b = Maximum Profit

For rubies : 2a + 5b = 625

For Diamonds : 3a + 7b = 800

For Emeralds: 4a + 3b = 700

Solving the equation we get maximum profit value of $61,750.The King departments stores should make 129 bracelets and 59 necklaces which will bring maximum profit to the store.

7 0

3 years ago

(a) What factors determine a

Snezhnost [94]

Answer:

(a) What factors determine a company's total revenue?

Sales.

(b) Do higher lead to increased revenues for a company?

Yes, a <u><em>Lead</em></u> is a person or company that might finally become a client, and drive the sales up.

6 0

2 years ago

The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low meth

harina [27]

Answer:

$29,390

Explanation:

For computing the total cost first we have to determine the variable cost per customer and the fixed cost which is shown below:

Variable cost Per Customer is

= (High total cost - low total cost) ÷ (high number of customer served - low cost of customer served)

= ($28,934 - $28,241) ÷ (14,100 - 11,214)

= $0.24

Now

Fixed cost is

= High cost - (high number of customer served × variable cost per customer)

= 28,934 - (14,100 × 0.24)

= $25,550

So, the total cost for 16,000 customers is

= Fixed cost + variable cost

= $25,550 + (16,000 × $0.24)

= $29,390

7 0

3 years ago

When delegating a task, it is important to

statuscvo [17]

Answer:

<em>Is D</em>

Explanation:

not B

DDDDDDD

8 0

3 years ago

Read 2 more answers