Answer:
Inventory to be shown in balance sheet = $955000
<u>Explanation:</u>
According to the given data:
Fair value of Skywalker’s inventory = $255000
Fair value of Skywalker’s buildings and equipment is = $870000
Calculation of amount to be reported for inventory in consolidated balance sheet is as follows:
Inventory = ($700000 + $255000)
= $955000
Note: Inventory of parent company and subsidiary company is to be added in preparing consolidated balance sheet
Answer:
Brian's demand is perfectly inelastic.
Crystal's demand is unit elastic.
Explanation:
Given that
Brian said = 10 gallons of gas
where, Crystal says = $10 worth of gas
By seeing the above information, we concluded that the Brain's demand is perfectly inelastic as the demand of the gallons are fixed
And, the crystal demand is unitary elastic as the expenditure would remain unchanged or fixed
In addition, the perfectly inelastic is when elasticity is zero
, and unitary elastic is when elasticity is equal to one
The money you still owe to the credit card company
(D)
Answer:
A) Competing firms working together to fix prices and output.
B) Collusion.
C) Illegal
Explanation:
A cartel is when a group of competing producers of a good collude together for their own economic good and benefits. They generally form oligopolistic market structures with coordination and thus can take decision on restricting production of a articular good and influencing prices for their own good.
A collusion thus helps a hand full of companies to dominate the market of a particular product that they all produce. They can even form artificial barriers to entry for new firms as they control all or most of the relevant market forces.
In USA cartels are illegal as per the provision of anti-trust laws.
Hope that helps.
Answer:
THX VERY MUCH UwU
Explanation:
Thx thx thx thx plz crown if you want to :)
