Answer:
The correct answer is option d.
Explanation:
Cartels are generally formed in oligopoly markets. In such markets there are few firms which are interdependent. So, they form cartels to enjoy monopoly power.
Though cartels are generally short lived and difficult to maintain. The reason behind this is that each firm has the incentive to deviate and produce more than their quota in order to capture more market share.
So, option d is the correct answer here.
Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as....<span>Heuristics</span>
Answer:
Lies below its demand curve and is steeper than its demand curve.
Explanation:
The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.
The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.
Answer:
Price of the bond is $1,215.57
Explanation:
Price of the bond is actually the present value of all cash flows of the bond. Price of the bond is calculated by following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = $110 x [ ( 1 - ( 1 + 7% )^-7 ) / 7% ] + [ $1,000 / ( 1 + 7% )^7 ]
Price of the Bond = $592.82 + $622.75
Price of the Bond = $1,215.57
The statement " agree to share the research and work together on creating the presentation. " is the "Develop an agreement" step of conflict resolution.
This is further explained below.
<h3>What is conflict resolution?</h3>
Generally, The process of finding a mutually agreeable and peaceful conclusion to a problem involving two or more people is referred to as conflict resolution.
There might be a variety of reasons for the dispute, including personal, economical, political, or emotional factors.
When a disagreement emerges, the most effective strategy for resolving the conflict is often to engage in some kind of negotiation.
The tactics and procedures that are engaged in ensuring the peaceful termination of conflict and punishment are referred to collectively as "conflict resolution."
In conclusion, The steps of conflict resolution are
- Determine where the issue is coming from.
- What precisely is the problem at hand?
- Consider the situation from a broader perspective and look for additional obstacles.
- Create a shared vision for the future.
- Investigate the many means through which their objective might be attained.
- Develop an agreement.
Read more about conflict resolution
brainly.com/question/17744728
#SPJ1
