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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.

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The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:
Rainbow [258]

Answer:

d. $75,000

Explanation:

                                total         Los Angeles    Bay Area  Central Valley  

Revenues           $750,000      $200,000     $235,000    $325,000

Variable exp.      $410,000        $110,000      $120,000     $180,000

Controllable       $210,000         $65,000        $75,000      $70,000

<u>fixed expenses                                                                                      </u>

controllable        $130,000        $25,000        $40,000      <u>$75,000</u>

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

7 0
3 years ago
What is a service technology? Are different types of service technologies likely to be associated with different structures? Exp
Soloha48 [4]

Explanation:

it refers to the use of services for software development, where a service is an autonomous, platform agonstic software component that operate within an ecosystem of services

7 0
3 years ago
Testing is used by many companies during the recruitment process. Tests could include aptitude, psychological, personality, inte
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Personality test is an assessment that provides insight into important but intangible information about candidates such as personality, values, and work preferences.

Explanation:Pros of Personality Testing :

1, Knowing the unique information personality tests provide can help hiring managers to assess a candidate’s fit into the computer any culture.

2. Personality tests allow hiring managers to better understand how to keep individual employees engaged and motivated at work.

3. Well-designed, standardized assessments allow an organization to improve its legal defensibility by providing a fairer method of candidate comparison.

4.Personality tests can reduce the chance of putting the wrong person in the wrong role (a mistake that can be costly)

The cons of personality test:

1.Time: Personality tests can be time-consuming, which may lead to job candidate frustration or even loss to other companies.

2.Money: Personality tests can be costly to administer.

3.Accuracy: While useful for gaining behavioral insight, personality tests are not always the best indicators of how successful an individual will be in a job

4.Reliability: Candidates often answer personality tests by choosing answers they believe employers want to hear. This can make test results difficult to interpret or even invalid.

4 0
3 years ago
What are six basic activities of business
Paraphin [41]
<span>Budgeting ...Accounting. ...Marketing. ...Sales. ...Hiring Employees. ...Customer Service.  Maybe!</span>
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3 years ago
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Which best describes the benefits of renting a home?
AleksandrR [38]

The correct answer is D. None of the above.

All these which are given they are disadvantages of renting.

Some of the advantages of renting a home may determine with the style of living and financial situation of a person.

Some advantages of renting a home may include;

1. Landlord may be responsible for maintenance or any property which needs repair.

2. It is cheaper to rent than to own a house

3. There is a lot of flexibility when renting. For example, movement from one place to another.

5 0
3 years ago
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