The following information relates to last year's operations at the Legumes Division of Gervani Corporation:

Economics: A group of competitors who work in unison to control the supply and price of their product is called a

7nadin3 [17]

Answer:

cartel

Explanation:

A "cartel" is a group of competitors or market participants who are independent from each other. They work in unison by cooperating secretly in an unlawful way so they can control the supply and price of their products. In this way, they can dominate the market.

Such type of alliance with rivals have existed since the ancient times. It increased following World War I, but started declining after World War II.

So, this explains the answer.

6 0

3 years ago

For many years, college costs (including tuition, fees, and room and board) increases have been higher than the inflation rate,

arsen [322]

Answer: $23,888

Explanation:

The cost today for a freshman at a public university is $19,500.

Inflation is at 7% a year and the period is 3 years from now. It is best to use a future value formula:

= Fees * ( 1 + rate) ^ number of years

= 19,500 * ( 1 + 7%)³

= 19,500 * 1.225043

= $23,888

3 0

3 years ago

You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $350,000; auto loan, $18,

Stells [14]

Answer:

$202,200

Explanation:

DINK (double-income no kids): It suggest to add half all the marriage debt to the funeral expenses:

To the funeral expenses you will add half of the debts:

350,000 / 2 = 175,000 for mortgage

18,600 / 2 = 9, 300 for atomobile loan

5,200 / 2 = 2,600 for credit card debt

9,800 / 2 = 4, 900 other debt

funeral exp 10, 400

insurance: 202,200

8 0

3 years ago

A single man lived in his residence for 3 years, sold it for a gain of 185000 he is 58 years old when preparing his tax return h

svlad2 [7]

File form 6239 for a reduced rate.

8 0

2 years ago

Mia and Jack are two chocolate producers. Mia packs her chocolates in attractive boxes and charges slightly more than Jack does.

mestny [16]

The answer would be this is a monopolistic competition. This is a kind of imperfect rivalry such that many creators sell merchandises that are distinguished from one another (for example, its branding or excellence) and henceforth are not perfect alternatives.

3 0

3 years ago

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