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Alika [10]
3 years ago
9

Which of these is a group of producers working together to raise prices and

Business
1 answer:
kramer3 years ago
6 0

Answer:

B. a cartel

Explanation:

A cartel is a group of independent producers who collude to promote and protect their trade interests. Large producers in the same industry form cartels to manipulate supply and fix prices. Through the cartel, the large producers set prices that guarantee maximum profits for their members. The cartel eliminates price competition among the major producers in the industry.

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A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a ________ brand.
abruzzese [7]
<span>A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a private-label brand. Private label branding is manufacturing of goods/ services by one company but it is known by the name of another one. The benefits of such an economical strategy are : the competition is reduced, whereas margins are increased as well as customers' loyalty.<span>
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5 0
3 years ago
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Ford produces 100,000 cars this year and only sells 95,000. The 5,000 cars that are not sold _______ listed in ________ category
Gekata [30.6K]

Answer:

Are; investment

Explanation:

Ford produces 100,000 cars this year and only sells 95,000. The 5,000 cars that are not sold are listed in investment category of GDP

Gross Domestic Product(GDP) is the measures of the value of economic activity in a country during a period of time. It is the monetary value of all finished goods and services made within a country during a specific period.

GDP is a number that expresses the worth of the output of a country in local currency. It is a tool which guides policymakers, investors, and businesses in strategic decision making.

GDP can be calculated using the following method

1. Income method

2. Expenditure method

3. Production method

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3 years ago
Which of the following is an example of a problem with logistics?
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