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MrMuchimi
3 years ago
6

Some years ago, the three leading aluminum producers in the U.S. changed prices nine times by exactly the same amount each time

and usually within one to three days of the initial price increase. This is an example of _____. Group of answer choices sequential pricing price leadership price discrimination tacit collusion price fixing
Business
1 answer:
USPshnik [31]3 years ago
6 0

Answer:

Price leadership.

Explanation:

Price leadership occurs when a pre-eminent firm (the price leader) sets the price of goods or services in its market. The leading Aluminium producer determine and control the prices leaving the other producer no choice than to follow them.

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Why do governments regulate natural monopolies?
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Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative
ioda

Answer and Explanation:

The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:

<u>Particulars                Alternative A            Alternative B</u>

Revenue                   $160,000                 $180,000

Less cost                 -$100,000                 $125,000

Net income                 $60,000                $55,000

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8 0
3 years ago
What are three ways that young people in your community can volunteer their time?
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Cleaning up a park, free car wash, volunteer at the soup  kitchen
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3 years ago
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A local farmer grows and sells tomatoes and beans to the local grocers. look at the farmer's business as a system. in which cate
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3 years ago
Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single pro
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Answer:

b. $311,600

Explanation:

For the computation of total contribution margin first we need to find out the contribution margin per unit which is shown below:-

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Therefore for computing the total contribution margin we simply applied the above formula.

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