Answer: The cartel's determined price equals the marginal cost of the product sold.
Explanation: A cartel is a group of persons or firms acting in their own interest,they agree on certain terms like price and profit do the very best to achieve it.Most cartel don't tolerate failures or boycotts from it's members.
In the case highlighted,the cartel works to ensure joint maximization of profit,an individual firm acting in its own interests has an incentive to expand production up to the point where it's marginal cost is equal to the price as agreed by the cartel. Failure to honor this rule will lead to some negative consequences from the cartel and a loss on the part of the firm.
Answer:
$1,000
Explanation:
Donna purchased series of savings bond for $2,500 at the age of 25
This year Donna redeemed the bond of $5,000
She paid $3,000 as expenses for her daughter education
The first step is the calculate the interest income
= $3,000/$5,000 × $2,500
= 0.6 × $2500
= $1,500
Therefore the interest that will be required by Donna to include in her gross income this year can be calculated as follows
= $2,500-$1,500
= $1,000
Hence Donna is required to include an interest of $1,000 in her gross income this year
Answer:
Option (B) is correct.
Explanation:
Manufacturing overhead:
= Indirect Material + Factory Manager Salaries + Factory Supplies + Indirect Labor + depreciation on Factory Equipment
= 15,200 + 7,200 + 9,000 + 6,300 + 7,500
= $45,200
Total manufacturing Cost:
= Direct material + Direct Labor + manufacturing Overhead
= 40,500 +39,600 + 45,200
= $125,300
Answer:
net income exceeded the free cash flows by $550 million
Explanation:
net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million
net cash flows:
operating activities = $871 + $1,000 - $300 = $1,571
investing activities = ($1,250)
net cash increase during the year = $321 million
net income exceeded the free cash flows by $871 - $321 = $550 million
I think is C. federal open market cpmmittee