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pochemuha
3 years ago
11

For a time, either R. J. Reynolds or Phillip Morris raised prices of cigarettes twice a year by about 50 cents per carton. The o

ther firms in the industry raised their prices by the same amount. Economists call this
Business
1 answer:
Inessa [10]3 years ago
8 0

Answer:

The options for this question are the following:

A. predatory pricing.

B. a price war.

C. price leadership.

D. producer sovereignty.

The correct answer is  C. price leadership.

Explanation:

A company has price leadership when establishing the price of the products of its industry and other companies, often much lower than the leader, always with adjustments. This generally happens when the products do not present large differences nor is there sufficient demand for each of the competitors to remain profitable after the price change. Economists have identified three types of price leadership.

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Your client invested $10,000 in an interest-bearing promissory note earning an 11% annual rate of interest, compounded monthly.
REY [17]

Answer:

The correct answer is $21,522.04.

Explanation:

According to the scenario, the given data are as follows:

Present value = $10,000

Rate of interest  = 11%

Rate of interest (r) ( compounded monthly) = 11% ÷ 12 = 0.00916

time period  = 7 years

Time period ( compounded monthly) (t) = 7 × 12 = 84

So, we can calculate the future value by using following method:

FV = PV × ( 1 + r)^t

By putting the value, we get,

FV = $10,000 × ( 1 + 0.00916)^84

FV = $21,522.04

7 0
3 years ago
The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current info
Gemiola [76]

Answer:

Direct material used= $102,000

Cost of goods manufactured= $327,000

COGS= $347,000

Explanation:

<u>First, we need to calculate the cost of direct material used:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 28,000 + 105,000 - 31,000

Direct material used= $102,000

<u>Now, the cost of goods manufactured:</u>

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 40,000 + 102,000 + 130,000 + 105,000 - 50,000

cost of goods manufactured= $327,000

<u>Finally, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 80,000 + 327,000 - 60,000

COGS= $347,000

6 0
3 years ago
Money market mutual funds invest in a. corporate stock. b. federal government Treasury bonds. c. corporate bonds. d. federal gov
Alekssandra [29.7K]

Answer:

the asnwer is A

Explanation:

Have a wonderful day

5 0
3 years ago
What minimum value of ma will keep the system from starting to move?
Andreyy89

Answer:

Explanation:

Block on the table m(A) = m1,

block on the cord m2,

the coefficient of static friction is k1=0.4,

the coefficient of kinetic friction is k2 =0.28

(a)

Block A:

T = F(fr) = k1 •N = k(s) • m1 •g,

Block B: T = m2•g.

k1 • m1 •g= m2•g,

m1 = m2/k(s) = m2/0.4.

(b)

Block A:

T = F(fr) = k2 •N = k2 • m1 •g,

Block B:

T = m2•g.

k2• m1 •g= m2•g,

m1 = m2/k2 = m2/0.28.

6 0
3 years ago
Which of the following is an example of a negative externality?a. bad weather reduces the size of the wheat cropb. a reduction i
wlad13 [49]

Answer:<em> Negative externality is defined as the cost that is incurred by a individual who isn't involved in the economic transaction.</em>

In the above question, the following is the example of negative externality: <u><em>smoking harms the health of nonsmokers who are nearby.</em></u>

Here, the cost is incurred by the nonsmokers who are standing nearby individuals who prefer smoking. Thus creating negative externality.

<u><em>Therefore, the correct option is (c)</em></u>

7 0
3 years ago
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