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3 years ago

Explain whether you agree or disagree with the following statement.

Business

1 answer:

butalik [34]3 years ago

7 0

Answer: AGREE

Explanation:

A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.

They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.

A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.

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Google ads was designed to deliver three things to every advertiser_______.

artcher [175]

Answer:

Advertiserment(s)

Explanation:

There are many words for advertisements.

8 0

2 years ago

A five-sided lot has the following dimensions: side A = 44', side B = 67', side C = 91', side D = 18', and side E = 55'. What is

enyata [817]

Answer:

275

Explanation:

You will add all the figures;that is;44+67+91+18+55=275

5 0

2 years ago

A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35. Which of th

Stella [2.4K]

Answer:

correct option is here B. About 14.3

Explanation:

given data

running sum of forecast errors RSFE = 500

mean absolute deviation MAD = 35

solution

we get here tracking signal that is express here as

tracking signal = $\frac{RSFE}{MAD}$ .................................1

put here value and we will get tracking signal

tracking signal = $\frac{500}{35}$

tracking signal = 14.3

so correct option is here B. About 14.3

4 0

2 years ago

City Builders is a development company that builds office buildings throughout New York State. They recently completed a project

Scrat [10]

Answer:

Incentive Zoning

4 0

2 years ago

Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat

yKpoI14uk [10]

Answer:

CMR: 52% --> each dollar of sales generates 52 cent of contribution

VCR: 48% --> 48 cent per dollar of sales are cost

BEPu: 10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.

BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.

Explanation:

selling price per hat: $ 25

variable cost per hat: $ 12

Contribution per unit $ 13

Contribution Ratio:

13/25 = 0.52

Variable cost Ratio:

12/25 = 0.48

Fixed cost: 130,000

Break even point:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{130,000}{0.52} = Break\: Even\: Point_{dollars}$

dollars of sales BEP: 250,000

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

$\frac{130,000}{13} = Break\: Even\: Point_{units}$

units sold to pay up variable and fixed cost: 10,000

4 0

2 years ago