All categories

3 years ago

What is the government's policy on collusion in the United States? Explain the rationale for this policy. In the United States

Business

1 answer:

STatiana [176]3 years ago

4 0

Answer:

The correct answer is letter "E": the government makes collusion illegal with antitrust laws because monopolies reduce economic efficiency.

Explanation:

Antitrust laws regulate competition between companies. To protect consumers from price manipulation and unfair competition by making sure trade remains unrestrained. When businesses conspire to turn competition to their favor, they violate antitrust laws.

Those regulations prohibit business practices such us <em>monopolies </em>since those types of organizations take control over a certain market, making almost impossible the entry of competitors and consumers have fewer choices and higher prices.

You might be interested in

During lewin's refreezing stage, managers should __________.

In-s [12.5K]

They should reinforce the desired change in the employees.

The brainest answer would be appreciated.

3 0

4 years ago

Parwin Corporation plans to sell 42,000 units during August. If the company has 17,500 units on hand at the start of the month,

Allisa [31]

Answer:

43,000 units

Explanation:

The computation of the produced units is shown below:

= Units sold + Ending Inventory units - Beginning Inventory units

= 42,000 units + 18,500 units - 17,500 units

= 43,000 units

We simply added the ending inventory units and deduct the beginning inventory units to the units sold so that accurate units can come

6 0

3 years ago

With respect to delaying revenue recognition until completion of a long-term contract, it is the case that: Multiple Choice A) E

hichkok12 [17]

<h2>Estimated losses on the overall contract are recognized before the contract is completed. </h2>

Explanation:

Revenue recognition cannot be done prior to the completion of contract.

But the asset can be created. Only after the contract gets completed the revenue recognition can be realized.

For a long-term project, the revenue can be recognized based on the percentage of completion.

Revenue recognition keeps financial transactions aligned.

Option A: valid

Option B Invalid, because expenses are also recognized

Option C: This process is acceptable.

Option D: Gains and profits are calculated in this type of method

8 0

4 years ago

Solve the exponential equation by taking the logarithm on both sides. 5^(x+8)=7

rodikova [14]

<h2>Answer:</h2>

x = (log₅7) - 8

<h2>Explanation:</h2>

<em>Given;</em>

$5^{x+8}$ = 7

<em>Take log of both sides;</em>

log₁₀( $5^{x+8}$ ) = log₁₀7 -------------(ii)

<em>From the laws of logarithm remember that;</em>

logₐ xⁿ = n logₐ x

<em>Equation (ii) can then be written as;</em>

(x + 8)log₁₀5 = log₁₀7

<em>Divide both sides by log₁₀5</em>

(x + 8) = $\frac{log_{10}7}{log_{10}5}$ -----------(iii)

<em>From the laws of logarithm, remember that;</em>

$\frac{log_{a}x}{log_{a}y} = log_yx$

<em>Equation (iii) can thus be written as;</em>

(x + 8) = log₅7

x + 8 = log₅7

<em>Make x subject of the formula;</em>

x = (log₅7) - 8

7 0

3 years ago

Suppose that when the price of ginger ale is $2 per bottle, firms can sell 4 million bottles. When the price of ginger ale is $3

lesantik [10]

<u>Solution</u>: The correct answer is option D

<u>Explanation</u>:

The following formula is applied for calculating elasticity of demand:

$\mathrm{e}=\left[\left(\mathrm{Q}_{2}-\mathrm{Q}_{1}\right) /\left\{\left(\mathrm{Q}_{1}+\mathrm{Q}_{2}\right) / 2\right\}\right] /\left[\left(\mathrm{P}_{2}-\mathrm{P}_{1}\right) /\left\{\left(\mathrm{P}_{1}+\mathrm{P}_{2}\right) / 2\right\}\right]$

Here, Q2 = 2 million

Q1 = 4 million

P2 = $3

P1 = $2

$\begin{array}{l}\mathrm{e}=[(2-4) /\{(4+2) / 2\}] /[(\$ 3-\$ 2) /\{(\$ 2+\$ 3) / 2\}] \\\mathrm{e}=[(-2) / 3] /[1 / 2.50]\end{array}$

e = - 1.67

Thus, the absolute value is 1.67.

The ginger ale is price elastic because the absolute value is higher than 1. An increase in price will decrease its total revenue. Thus, the following statement is true: (d) The demand for ginger ale is price elastic, so an increase in the price of ginger ale will decrease the total revenue of ginger ale producers.

5 0

3 years ago

What is the​ government's policy on collusion in the United​ States? Explain the rationale for this policy. In the United States

What is the government's policy on collusion in the United States? Explain the rationale for this policy. In the United States