When you are in a limited partnership, the person who holds the most capital invested also holds the maximum loss. A limited parnership has a the ability to have higher capital thana sole propritorship. When you are in a limited partnership, you are only able to lose the contributions you put into the investment and not anything of greater value.
Answer: c. Collude
Explanation:
In order to make the maximum profit, the most important thing that these commercial concrete suppliers can do would be to Collude. While this is against fair market practices in a competitive market, it will ensure that they make enough profits in the industry.
With a 90% market share between them, they could collude to establish a price at which they will all sell at and because of their high market share, this is the price that the market will begin to sell at. That price will be a price that is high enough for them all to make sufficient profits therefore the goal of the collusion will be accomplished.
Answer:
Explanation:
1. Wood used in the production of furniture is a variable cost
2. Fuel used in delivery trucks is variable cost
3. Straight Line depreciation on factory building is a Fixed cost
4. Screws used in production is a Variable cost
5. Sales staff Salaries is a Fixed cost
6.Sales commissions Variable
7.Property taxes Fixed
8. Insurance on buildings Fixed
9. Hourly wages of Furniture is Variable
10. Salaries of factory supervisrors is Fixed cost
11. Utillities is Mixed cost
12. Telephone bill is a Mixed cost