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3 years ago

A cartel differs from a monopoly in that

1 answer:

6 0

A cartel differs from a monopoly in that B) businesses making the same product agree to limit production. A cartel is an agreement between producers of goods, usually primary products like oil or natural gas, who work together to set a price at an agreed upon price that is a distortion above of what the market's equilibrium price would be for the good without the cartel's intervention.

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________ means the message has a tendency to mislead, confuse, or deceive the public. a. Collusion b. Marketing fraud c. Literal

eimsori [14]

Answer:

Implied Falsity-d

Explanation:

implied false advertising is highlighting information that are literally true, but simply imply another message which is false.

5 0

4 years ago

A small town has 1,000 people, 600 of whom are healthy and 400 of whom are sick. The annual expected medical claims of the healt

Snowcat [4.5K]

Answer:

a. 3,900

Explanation:

We find the probability of healthy persons & the weak out of the total population in the town.

Probability of healthy persons

P(h) = 600/1000

P(h) = 0.6

Probability of weak persons

P(w) = 400/1000

P(w) = 0.4

We find the pay off for both the healthy and the weak, then add up to get the expected value or the minimal annual premium

Expected Value = 0.6*$500 + 0.4*$9000

Expected Value = $300 + $9000

Expected Value = $3,900

So, the annual premium must be at least $3,900.

6 0

3 years ago

If $3,000 is invested at 7% for 6 months, how much simple interest is earned?

Savatey [412]

The first one is
a. 105
because .07 x .5 x 3000 is equal to 105.

I'm not sure about the second one though.

3 0

3 years ago

Analog televisions, such as the one shown above, are in which stage of their product life cycle according to the textbook? accel

Ludmilka [50]

The answer is the decline stage. The decline stage of a product life cycle happens when sales drop which may be in arrears in large part to new technologies or innovations that replace existing as was the case with analog television sets. Digital technologies directed to the progress of standard which is high definition then 3D HDTV and now organic light-emitting diode 3D smart HDTVs.

3 0

3 years ago

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes

MakcuM [25]

Answer:

Results are below.

Explanation:

First, we need to allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.15*10,700= $12,305

Now, we can determine the total manufacturing cost:

Total manufacturing cost= 15,745 + 10,700 + 12,305

Total manufacturing cost= $38,750

Finally, the unitary cost:

Unitary cost= 38,750 / 1,550

Unitary cost= $25

4 0

3 years ago