Answer:
cartel
Explanation:
A "cartel" is a<em> group of competitors or market participants</em> who are independent from each other. They <u>work in unison by cooperating secretly</u> in an <em>unlawful way</em> so they can control the supply and price of their products. In this way, they can dominate the market.
Such type of alliance with rivals have existed since the ancient times. It <em>increased following </em><em>World War I,</em> but<em> started declining after </em><em>World War II</em>.
So, this explains the answer.
Answer:
The answer is D a larger number of firms will lead to a higher average cost
Answer and Explanation:
The journal entries are shown below:
a. Note receivable Dr $3,800,000
To Cash $3,800,000
(Being the acceptance of the note is recorded)
For recording this we debited the note receivable as it increased the assets and credited the cash as it decreased the liabilities
b. Interest receivable Dr $38,000
To Interest revenue $38,000
(Being the interest revenue is recorded)
For recording this we debited the interest receivable as it increased the assets and credited the interest revenue as it increased the revenue
The computation is shown below:
= $3,800,000 × 6% × 2 months ÷ 12 months
= $38,000
,
<span>The government is the primary agency responsible for drawing up
the budget.
</span>Government<span> is the
means by which state policy is enforced, as well as the mechanism for
determining the policy of the state. Forms of </span>government<span>, or forms of state governance, refers to the set of
political systems and institutions that make up the organization of a specific </span>government<span>.</span>
The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>
