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lbvjy [14]
4 years ago
9

An extreme case of oligopoly in which firms collude to raise joint profits is known as

Business
1 answer:
dimulka [17.4K]4 years ago
7 0
A Cartel

Note that it doesn’t have to be oligopolies that collude, small firms can also!
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Martha is a highly skilled employee at DistantTool Editorial. She specializes in web designing. Recently, she has been assigned
loris [4]

While working on the project, Martha is most likely to be bored and less creative than usual.

Specialisation is an economic theory that suggests a person carries out activities for which one has a comparative advantage in or is most efficient in.  For example, Martha is skilled in web design, economic theory would suggest that she specialises in Web design.

<u><em>Advantages of specialisation </em></u>

  1. The worker that carries out the same job function repeatedly becomes extremely skilled in the activity.
  2. Work is carried out faster.

<u><em>Disadvantages of specialisation </em></u>

  1. Work can become monotonous
  2. Employees skills in other job functions declines.

If a person carries out the same rudimentary task repeatedly, it is likely that the individual would become bored. For example, if an engineer is employed to put marbles in a box. Soon he would become bored because the work he is doing is not mentally stimulating.

A similar question was answered here: brainly.com/question/14898213?referrer=searchResults

4 0
3 years ago
Taxes are the difference between? gdp and consumer spending. gdp and disposable income. gdp and net exports. consumer spending a
Wittaler [7]

Answer:

GDP and disposable income

8 0
2 years ago
Define mortgage- backed securities.​
faust18 [17]

Answer: Mortgage interest is a loan.

Explanation:

7 0
3 years ago
Read 2 more answers
In the long run, an increase in the saving rate in a steady-state economy will cause A. a decrease in the capital/labor ratio an
ANTONII [103]

Answer: C) an increase in the capital/labor ratio and an increase in consumption per worker

Explanation:

 An increased in the saving rate in a steady state caused the increased in the consumption for each worker when the ratio of the capital labor become capital stock under the golden rule. As, the rate of the higher saving automatically increased the growth of the economical rate. When there is shifting from lower to higher in the steady state then, the rate of the growth increased.

4 0
4 years ago
A home is appraised at $125,000 and the assessment level is 35%. There are a total of 40 mills in the taxing area.
Andrews [41]

Answer:

$1,750

Explanation:

First, we have to calculate the assessed value which can be determined using the below formula:

Assessed value=Appraised value of home*assessment level

                         =125,000*35%

                         =$43,750

The next step is to calculate the cost of each mill which can be calculated using the following formula:

Cost of each mill=Assessed value/1000

                           =43750/1000

                           =43.75

The final step is to find the annual taxes, which can be calculated using the following formula:

Annual taxes=cost of each mill*number of mills

                     =43.75*40

                     =$1,750

   

7 0
3 years ago
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