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son4ous [18]
3 years ago
12

Why might the cartel model still make sense even when OPEC produces less than half of the world’s oil?

Business
1 answer:
Ilia_Sergeevich [38]3 years ago
4 0

<u>Answer: </u>

The cartel model would still make sense even when OPEC produces less than half of the world’s oil because the prices of oil would still be determined by the OPEC countries.

<u>Explanation: </u>

  • No matter whether the supply of oil from the OPEC countries reduces or increases, they would still be in the position to determine the price of oil.
  • This would be due to the existent oligopoly which is the only one in the world as far as oil is concerned.
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The temperature of rinse water in a warewashing machine that uses chemical sanitizing should be between
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This is the answer:

The temperature of rinse water in a warewashing machine that uses chemical sanitizing should be between <span>68°F to 100°F. 

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8 0
3 years ago
Onofkp411 Corporation has a time contraint on one of its special machines. The company makes three products that use this machin
marta [7]

Answer: $7.20 per minute

Explanation:

Find out the profitability of each product as Contribution Margin per minute.

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= (335.18 - 259.26) / 7.5

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Bellissimo

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= (199.21 - 159.61) / 5.5

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Their least profitable product is $7.20 per minute.

The machine does not have sufficient time to satisfy the needs of Lovely so they will have to pay more to acquire more of the resource but they should not pay anything more than $7.20 per minute as this is their contribution margin for the product. and anything more would result in a loss.

<em>Options are most probably for another variant of the question. </em>

6 0
3 years ago
Closure is the property of an operation and a set that the performance of the operation on members of the set always yields a me
SashulF [63]

Answer:

Set.

Explanation:

Closure property in algebra asserts that 'when an operation(multiplication, addition) takes place among the members of a set, the result produced would surely be a member of that same set.' For example, if we add or multiply two real numbers(members of the same set), the result would be a real number for sure(a member of the same set). It implies that 'real numbers are closed under multiplication and addition.' While if I subtract two real numbers, I may or may not get a real number. Thus, the real numbers are closed under subtraction.

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Natali5045456 [20]

Answer:

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5 0
3 years ago
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Answer:Wouldn't this count as cheating If someone found out?????

7 0
3 years ago
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