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4 years ago

What is the difference between explicit collusion and implicit collusion? Unlike explicit collusion, implicit collusion

Business

1 answer:

lesya [120]4 years ago

4 0

Answer:

The basic difference between both are explained below.

Explanation:

Explicit collusion is where firms meet and agree to charge the same price, and an example of implicit collusion is price leadership. Unlike explicit collusion, implicit collusion unlike explicit collusion, implicit collusion is where firms signal to each other without actually meeting and agreeing to charge the same price.

Unlike explicit collusion, wherever the occurrence of an accommodation that would lend ammunition for an antitrust court case might be unscrewed, implied collusion is challenging to document as well as to verify. Implicit collusion frequently seems to be nothing more than all firms individually responding to shifting market circumstances.

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3 years ago

Sometimes speakers eliminate details from their speeches in an attempt to influence audience opinion. This concern relates to wh

nikitadnepr [17]

Answer:

The correct answer is letter "A": Avoid purposeful ambiguity.

Explanation:

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3 years ago

Suppose that a firm produces 10 units of output. Its Average Variable Cost (AVC) = $25, Average Fixed Cost (AFC) = $5, and Margi

Andreyy89

Answer:

Total Cost = $300

Average Total Cost = $30

correct option is a.) Total cost is $300

Explanation:

given data

produces output = 10 units

Marginal Cost = $30

Average Variable Cost = $25

Average Fixed Cost = $5

solution

first we get here total cost that is

Total Cost = Total Variable Cost + Total Fixed Cost .................................1

so here Total Variable Cost = Average Variable Cost × Output

Total Variable Cost = $25 × 10

Total Variable Cost = $250

and total fix cost is = Average Fixed Cost × Output

total fix cost = $5 × 10 =

total fix cost = $50

so Total Cost is here

Total Cost = $250 + $50

Total Cost = $300

A) is correct

and

Average Total Cost will be

Average Total Cost = $\frac{total\ cost}{out\ put}$ ...................2

Average Total Cost = $\frac{300}{10}$ = $30

Average Total Cost = $30

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3 years ago

The firm has just declared a dividend of $1.09 per share for the current fiscal year. The firm has earnings per share of $2.11,

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Answer: E) price-earnings ratio will be 14.26 ex-dividend.

Explanation:

Stock prices generally decrease in price by the price of the dividend on ex-dividend date.

This means that this stock will reduce to:

= 31.17 - 1.09

= $30.08

Price to Earnings ratio = Stock price/ Earnings per share

= 30.08/2.11

= $14.26

Option E is correct.

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4 years ago

The revenue recognition principle guides accountants in ________.

Goryan [66]

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3 years ago

What is the difference between explicit collusion and implicit​ collusion? Unlike explicit​ collusion, implicit collusion

What is the difference between explicit collusion and implicit collusion? Unlike explicit collusion, implicit collusion