A mixed market economy is an economy that blends the different types of economies together to make a 'mixed' economy. This economy encompasses ideas fro planned eonomices, free markets, and/or private enterprise. Government regulations control rules that govern consumers and producers. They are involved with most money issues, private and government entities and what rights a producer has.
Answer:
O = amount of own brand
L = amount of local brand
N = amount of national brand
maximize = 0.97O + 0.83L + 0.69N
constraints:
space ⇒ O + L + N = 324
N ≥ O + L
N ≥ 3O
L ≤ 120
O,L,N ≥ 0
O,L,N are integers (whole numbers)
optimal solution using Solver = 540 + 108L + 162N
maximum profit = $253.80
Answer:
b. both the quantity of labor supplied and unemployment rise
Explanation:
The labor market operates under the logic of balancing labor supply and labor demand. The adjustment vector for this balance is the price of wages. When a union of unions forces wages up, naturally more workers will offer work because they see an opportunity that benefits them. However, the higher salary is a cost to firms, which have hired fewer employees and eventually fired. Therefore, both labor supply and unemployment increase.
This type of agreement is a violation of the Sherman Act.
A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.
To learn more about Sherman Act: brainly.com/question/2119756
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