Answer:
the answer is c i just took this
Explanation:
Franchises, they start off as some people to a majority of people
Answer:
A) Competing firms working together to fix prices and output.
B) Collusion.
C) Illegal
Explanation:
A cartel is when a group of competing producers of a good collude together for their own economic good and benefits. They generally form oligopolistic market structures with coordination and thus can take decision on restricting production of a articular good and influencing prices for their own good.
A collusion thus helps a hand full of companies to dominate the market of a particular product that they all produce. They can even form artificial barriers to entry for new firms as they control all or most of the relevant market forces.
In USA cartels are illegal as per the provision of anti-trust laws.
Hope that helps.
Answer:
a. Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. $13,5 per meal
c. $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued
Explanation:
a. Variable costs = $108000 for 18000 meals.
Variable cost per meal = 108000 / 18000 = $6
Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. If carol were to recover the full cost then the transfer price = Total cost / no. of meals
= (108000 + 135000) / 18000 = $13,5 per meal
c. If the transfer price is the market price i.e $12, the loss from the cafeteria = Revenue from meals - Total cost
= (18000 x 12) - (108000 + 135000)
= $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued.
This information is useful to the hospital management in knowing the actual costs of the meals consumed in the various departments and how the cost cutting measures can be implemented based on the cost of the different departments.
