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Y_Kistochka [10]
4 years ago
15

According to the ________ cheating model, assuming little or no product differentiation among a small number of firms, if one fi

rm decides to cheat on a collusive agreement by reducing its prices, others will as well and, in the long run, firms in this industry will earn no economic profits.
Business
1 answer:
Olegator [25]4 years ago
7 0

Answer:

Cartel, oligopoly

Explanation:

In this kind of market with little producers and little differenciation among the products there are no incentives for other companies to enter because of the barriers, so it's extremely likely that if one of them reduces their prices this industry can't generate economic profits.

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Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cos
Dafna11 [192]

Answer:

$1.75 and $4,500

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per unit = (High total cost - low total cost) ÷ (High unit produced - low unit produced)

= ($74,500 - $36,000) ÷ (40,000 units - 18,000 units )

= $38,500 ÷ 22,000 units

= $1.75 per unit

Now the fixed cost equal to

= High total cost - (High units produced × Variable cost per unit)

= $74,500  - (40,000 units × $1.75)

= $74,500 - $70,000

= $4,500

We simply applied the above formulas

7 0
4 years ago
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
enot [183]
I think it’s D or C but I’m not sure
4 0
4 years ago
The discount rate is the interest rates on loans that the Federal Reserves makes banks. Banks occasionally borrow from the Feder
tigry1 [53]

Answer:

The higher discount rate lower the banks incentive to borrow from the Fed, lowering the quantity of reserves, and causing the money supply to fall.

This is because a higher discount rate makes borrowing from the Fed more expensive. Some of the money that would have been borrowed from the fed becomes bank reserves, and some other becomes loanable funds that increase the money supply. As a result, if banks borrow less from the fed, the money supply falls (or grow less).

The Fed Funds rate is the rate that banks charge one another for short-term overnight loans.

This occurs when banks are stripped of cash, and rely on other banks to meet their cash requirements for the day.

When the Fed buys government bonds, the reserves in the banking system increases, the banks demand for the reserves decreases, and the federal funds rate falls.

When the Fed buys government bonds, it is essentially creating money. This money enters the banking system in the form of reserves, of which some are loaned out, creating even money. Demand for the borrowed reserves falls because banks now need less of it, and as a result, their price: the federal funds rate, also falls.

Explanation:

8 0
3 years ago
Who is you guys favorite celeberity
Nady [450]

Answer:

will smith

Explanation: will smith duhh

7 0
3 years ago
An ad in a newspaper reads: "AVAILABLE TODAY ONLY. FRIENDLY'S APPLIANCES. CLEARANCE SALE FOR ALL FLOOR ITEMS. 75% OFF RETAIL PRI
kvasek [131]

Answer:

Correct answer is b, there is no breach contract

Explanation:

There is no breach contract happened because what Friendly did is just a mere advertisement published in a news paper. What happened is that, Friendly notify the customers that they will be having a clearance sale for all the floor items that they had. Mere advertisement is not yet in the stage of contract to sell and the advertiser is not bound for any liability in case the product is not available at the time the customer decided to buy the product.

3 0
3 years ago
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