The body that determines how taxes will be used to support schools, what will or will not be taught, and the length of the school day and year is the . <u>state legislature.</u>
<u></u>
State Legislature is the frame that determines how taxes will be used to aid colleges, what is going to or will no longer learn, and the length of the college day and year.
The protection and control of public schools is essentially the duty of the state legislature. The formation, choice, and manage of the curricula, educational techniques, and substances used in schools are all relatively prompted with the aid of the states.
Learn more about State Legislature here:-brainly.com/question/24315255
#SPJ4
Through price collusion, each firm would achieve higher profits.
When competing businesses agree to cooperate, such as by raising prices in order to increase profits, this is called collusion. Collusion is a strategy used by businesses to increase profits at the expense of customers and lowers market competition.
Lower consumer surplus, higher prices, and more profits for the colluding businesses are the results of collusion. It may enable oligopolists to exercise monopoly power and increase their group earnings. In an oligopoly, businesses have a strong incentive to work together.
Collusion may be a tactic used in times of unproductive economic circumstances to try and rescue the industry and save companies from going out of business, which would not be for the long-term benefit of consumers.
To learn more about collusion
brainly.com/question/15776792
#SPJ4
Answer:
Explanation:
Before preparing the retained earning statement, first we have to compute the closing balance of retained earning which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $7,900 + $13,500 - $7,000
= $14,400
The statement of retained earnings is presented in the spreadsheet. Kindly find the attachment below: