1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zmey [24]
3 years ago
14

Price fixing is: Group of answer choices the practice of charging a very low price for a product with the intent of driving comp

etitors out of business. a seller's requirement that the purchaser of one product also buy another product in the line. an arrangement a manufacturer makes with a reseller to handle only its products and not those of a competitor. a conspiracy among firms to set prices for a product. the practice of charging different prices to different buyers for goods of like grade and quality.
Business
1 answer:
Burka [1]3 years ago
3 0

Answer:

A conspiracy among firms to set prices for a product.

Explanation:

Price fixing can be defined as a process whereby companies make an agreement to sell a product at a particular price. It can also be described as an agreement between competitors on the lowest or highest amount a particular product will be sold in the market.

Price fixing controls the market price thereby preventing other new businesses from competing in the market. Price fixing is illegal, it leads to an increase in the amount of goods and services.

You might be interested in
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler’s checks were $4 billion; checkable depos
densk [106]

Answer:

M1 $2,530 billion

M2 $10,644 billion

Explanation:

  • M1 = Currency held + Travelers check + Checkable deposits

= $(1,124 + 4 + 1,402) billion = $2,530 billion

  • M2 = M1 + Savings deposits + Time deposits + Money market funds

= $(2,530 + 6,884 + 583 + 647) billion = $10,644 billion

4 0
3 years ago
What type of bond guarantees that a construction contractor will enter into a contract?
Artemon [7]

Bid bond guarantees that a construction contractor will enter into a contract.

Given that bond guarantees that a construction contractor will enter into a contract.

We are required to give the name of the bond that guarantees that a construction contractor will enter into a contract.

The name of the bond that will gurantee that a construction contractor will enter into a contract is bid bond.

A bid bond basically provides a guarantee that a winning bidder will take up the contract as per the terms at which they bid. A bid bond ensures a compensation to the bond owner if the bidder fails to begin a project. Bid bonds are basically often used in construction jobs or other projects that follow a similar bid-based selection process.

Hence bid bond guarantees that a construction contractor will enter into a contract.

Learn more about bid bond at brainly.com/question/26907335

#SPJ4

8 0
1 year ago
I get $200 revenue from the sale of my product each day. I rent the factory that I use for $90 a day. The raw materials of the o
igor_vitrenko [27]

Answer:

Accounting loss of $5

Economic loss of $35

Explanation:

Accounting profit is the net of revenue and Explicit cost. Explicit costs are the cost which actually incurred or paid.

On the other hand the economic profit is the net of revenue, Explicit and Implicit costs. Implicit value is the opportunity costs of choosing the alternative.

Implicit cost = $30

Explicit cost = 90 + 115 = $205

Accounting Profit = Revenue - Explicit costs = $200 - $205 = ($5)

Economic Profit = Revenue - Explicit cost - Implicit cost = $200 - $205 - $30

Economic Profit = ($35)

7 0
3 years ago
Serena Medavoy will invest $5,890 a year for 17 years in a fund that will earn 12% annual interest. Click here to view factor ta
Troyanec [42]

Answer:

$287,924.84

Explanation:

We are to calculate the future value of the annuity

The formula for calculating future value = A (B / r)

B = [(1 + r)^n] - 1

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

[(1.12)^17 - 1] / 0.12 = 48.883674

$5,890 x 48.883674 = $287,924.84

7 0
3 years ago
When making a decision, you decide that the expected benefits of your choice outweigh the expected benefits of all other options
lakkis [162]

Answer:

The right solution will be "trade-offs".

Explanation:

  • An exploration of trade-offs is a way of choosing between opposing alternatives.
  • Even though unofficial market experiments are often conducted essentially by logically evaluating options and making an informed decision, systematic trade experiments become beneficial in refining and reasserting opinions as well as eliminating prejudice from the course of action.
3 0
3 years ago
Other questions:
  • Phoenix, a salesperson for Quality Fruit, Inc., shows Robert, a buyer for Sweet Home Fruit Company, samples of peaches, stating
    5·1 answer
  • Global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skil
    12·1 answer
  • In 20X8, the following pledges were made: $35,000 in unrestricted contributions for use in 20X8; $20,000 in contributions restri
    6·1 answer
  • This year, Mesa Inc.’s before-tax income was $11,252,000. It paid $529,000 income tax to Minnesota and $451,000 income tax to Il
    13·1 answer
  • Business writers prefer simple, informal words that are readily understood and less distracting than more difficult, formal word
    12·1 answer
  • Adam Smith taught that individual buyers and sellers who act in their own self interest frequently promote​ society's interest.
    7·1 answer
  • A lifeguard in Florida was fired for leaving his assigned zone because he opted to help a drowning man, even though his supervis
    7·1 answer
  • What were your consideration in selecting your costumer?
    11·2 answers
  • What kind of documents does Publisher handle best?
    13·1 answer
  • Which of the statements is the best
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!