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3 years ago

Would it be easier to form a cartel in a market with many producers or one with few producers?

Business

1 answer:

Molodets [167]3 years ago

7 0

Answer:

it would be easier to form a cartel with few producers

Explanation:

since a cartel is a monopolistic type of org. few producer will earn and generate more profit

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Need help asap lol help lol lol

brilliants [131]

C, because debtors like having narrower debts.

3 0

3 years ago

Read 2 more answers

Pfister Corporation has Long-term Assets of $485,000, Current Liabilities of $150,000, Long-term Liabilities of $220,000 and Own

Stels [109]

Answer:

$205,000

Explanation:

Total liabilities=current liabilities+long-term liabilities

total liabilities=$150,000+$220,000

total liabilities=$370,000

total owners'equity plus liabilities=$320,000+$370,000=$690,000

long-term assets+current assets=liabilities+owners'equity

long-term assets=$485,000

current assets are unknown

liabilities+owners'equity=$690,000

let CA represent current assets

$485,000+CA=$690,000

CA=$690,000-$485,000

CA=$205,000

3 0

2 years ago

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to th

weeeeeb [17]

Part of question attached

Answer and Explanation:

Please find answer and explanation attached

5 0

3 years ago

Bill McDermott is the CEO of SAP, which is a company that sells expensive enterprise resource planning software to large and mid

KonstantinChe [14]

Answer:

corporate

Explanation:

Corporate level of an organisation involves the whole organisation. The organisation is made up of business units and product lines.

So when one functions at the corporate level he is responsible for all aspects of the business.

In this instance Bill McDermott is the CEO of SAP is in charge of all departments and production lines of the company.

On the other hand functional level deals with a particular department within the organisation. For example human resources, operations, and so on.

3 0

3 years ago

Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each. Indicate t

Monica [59]

Answer:

Price floor non binding

Price ceiling binding

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

A. The minimum price is less than the equilibrium price, thus it is a non binding price floor

b. The maximum price is less than the equilibrium price, thus it is a binding price floor

c. Restaurants that would want to pay better wages are unable to do so. This means that there is a binding price maximum in place

5 0

3 years ago