The major reason that firms form a cartel is to maximize joint profits. The Option D is correct.
<h3>What is a cartel?</h3>
A cartel refers to the association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements of cartel are aimed at regulating prices or output or dividing up markets.
According to economist, the main justification for the establishment of cartels is for the protection from ruinous competition, which, it is alleged, causes the entire industry’s profits to be too low.
A cartelization provide for distributing fair shares of the total market among all competing firms and the most common practices employed by cartels in maintaining their industry’s monopoly position including the fixing of prices, the allocation of sales quotas or exclusive sales territories.
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Bodies of water provide a number of things that are good for civilisation:
- drinking water source
-irrigation for crops
-having a city on the side of the water makes it easily defendeable
- transport system
Answer:
polychronic
Explanation:
masculine and feminine cant be the answer since an individual one isn't considered as gender role<u><em>s</em></u>. and mono means one, leaving polychronic as the answer.
<span>The Wagner Act or officially known as National Labor Relations Act of 1935 allowed labor unions to participate in collective bargaining with business managers. This is sponsored by Senator Robert F. Wagner of New York establishing the federal government being the regulator and the ultimate arbiter of labour relations. It is composed of five board members that will be able to hear and solve conflicts on labor using quasi-judicial proceedings. This act also prohibited employers to get involved in unjust labor practices firing or discriminating employees that are members of a labor union.</span>
Answer: seeing multiple analogues highlights the underlying structure of the story.
Explanation:
A multiple analogy refers to the structured comparison whereby different sources are being likened to a target.
For presentation of multiple analogies, it should be noted that the prior presentation of two analogies always brings about better performance.
Lastly, seeing multiple analogues doesn't highlights the underlying structure of the story.
