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RUDIKE [14]
4 years ago
8

Economics: A group of competitors who work in unison to control the supply and price of their product is called a

Business
1 answer:
7nadin3 [17]4 years ago
6 0

Answer:

cartel

Explanation:

A "cartel" is a<em> group of competitors or market participants</em> who are independent from each other. They <u>work in unison by cooperating secretly</u> in an <em>unlawful way</em> so they can control the supply and price of their products. In this way, they can dominate the market.

Such type of alliance with rivals have existed since the ancient times. It <em>increased following </em><em>World War I,</em> but<em> started declining after </em><em>World War II</em>.

So, this explains the answer.

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Discuss why employees who are committed will be less likely to engage in work withdrawal even if they are dissatisfied.
EastWind [94]

Answer:

Due to organizational loyalty

Explanation:

In simple words, an individual who is committed to their work or organization will still work at his or her best if even if they are not very satisfied with the their current conditions. This is due to the loyalty that they develop over time. These strong feelings somehow force them to give their best and make them realize that this is not a permanent situation and things will change in future.

3 0
3 years ago
SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year,
Anon25 [30]

Answer:

treasury stock    382,000 debit

             cash                  382,000 credit

cash          342,500 debit

  treasury stock               274,000 credit

 additional paid-in TS       68,500 credit

cash          84,000 debit

  treasury stock                80,000 credit

 additional paid-in TS         4,000 credit

additional paid-in TS 72,500

Treasury Stock           28,000

<em>The Treasury Stock will be reported as a decrease to the equity.</em>

Explanation:

19,100 shares x $20 per share = 382,000

13,700 shares x $20 per share = 274,000

13,700 shares x $25 per share = 342,500

additional paid-in = 68,500

4,000 shares x $21 per share  =     84,000

4,000 shares x $20 per share =    (80,000)

          additional paid-in                   4,000

68,500 + 4,000 = 72,500 additional paid-in TS

TS 382,000 - 274,000 - 80,000 = 28,000

7 0
3 years ago
Exercise B: Assume you had invested $1,000 in a lawn mower to set up a lawn mowing business for the summer. During the first wee
andrew11 [14]

Answer:

\left[\begin{array}{cccc}&$mow grounds&$paint garage&$Differential\\$Revenue&1400&1360&\\$Cost&-160&-80&\\$Net &1240&1280&-40\\\end{array}\right]

It is better to paint the garage this week as provide better relevant yield.

Explanation:

The 1,000 invested in the law mower ware sunk cost as it is already incurred. After this week we will be still be able to take jobs ralated to the lawn mower.

We must base our analysis in the future cost associate with each alternative.

These are the revenue of each job and the additional cost.

The transportation as they are equal to both alternative are disregarded.

4 0
3 years ago
To obtain a Class E license, you must _____.
Maurinko [17]

Answer:

B. Pass the vision exam at the FLHSMV. I believe this is the correct answer.

Explanation:

4 0
3 years ago
Read 2 more answers
How is a cost-leader protected from threats from powerful suppliers? It is able to create a significant difference between perce
puteri [66]

Answer:

Option B (By embracing lower operating costs it's much more likely to handle price rises) is the correct choice.

Explanation:

  • Cost management or leadership seems to be an organizational practice introduced by Michael Porter. This helps build organizational competitive benefits. Price leadership relates to supplying the market with the cheapest operating costs, which varies from the pricing strategy.
  • Sometimes it is driven by performance, size, complexity, reach, infrastructure as well as the perspective of the organization.

Some other options given should not be concerning the condition in question. And the correct response would be alternative B.

5 0
3 years ago
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