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3 years ago

Which of the following would make it easier to maintain an effective collusive agreement in a cartel?

Business

1 answer:

GalinKa [24]3 years ago

4 0

Answer:

A decrease in the elasticity of demand for the cartel's product.

Explanation:

The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.

Adverse effects on consumers include:

1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.

2) Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.

3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.

4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.

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Ellen has entered all of her monthly expenses. She needs to create a formula that will deduct her monthly expenses from her mont

Phantasy [73]

Answer:

Absolute reference

Explanation:

An absolute reference in excel indicates a reference that is locked such that rows and columns do not alter when copied to another cell in the excel sheet.

It points to an actual fixed location in excel and absolute referencing is simply by adding a dollar sign before the row and column.

In other words ,Ellen will absolutely reference her income ,as the income is the same month-on-month.

5 0

3 years ago

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

kenny6666 [7]

Answer:

Given that,

Petty cash fund on September 1 = $250

Office Supplies = $73

Merchandise inventory = $137

Miscellaneous expenses = $22

Fund has a balance = $18

When Petty Cash fund is reimbursed,

the expenses incurred through Petty Cash are recorded by debiting those expense.

Therefore, all the expenses incurred to be debited from the accounts.

Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.

5 0

2 years ago

Transaction Processing Systems (TPS) can make decisions using predetermined rules and processes. This is an example of a(n) ____

avanturin [10]

TPS can make decisions based on pre-defined rules and processes. This is an example of an operational control's structured decision.

<h3>What is Transaction Processing Systems?</h3>

Transaction processing system is also denoted as TPS. It is a method of computing that breaks down work into discrete, indivisible activities known as transactions.

A transaction processing system is a software or may be hardware combination that facilitates transaction processing.

Therefore, the TPS is an example of a structured decision of an operational control.

Learn more about the Transaction Processing Systems, refer to:

brainly.com/question/11621307

#SPJ1

3 0

1 year ago

A customer sells your company a defective part. The part is put into your product, rendering it defective. What will most likely

Lostsunrise [7]

Answer: Your customer will likely blame you for the defect, not the supplier.

Explanation:

The customer would certainly blame me the seller for the defect, because I was the one that sold the goods to the customer, also the customer is not aware of what transpired between the seller and the supplier. Therefore the seller would have to on his part, lay some complaint to the supplier.

7 0

3 years ago

Suppose you have $100 of endowment, and you are offered a chance to buy a lottery which costs $36. The lottery has 43% of chance

Yuliya22 [10]

Answer:

96.02

Explanation:

Lottery's Expected utility = $\sqrt{100}$ = 10