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
LenaWriter [7]
3 years ago
13

With regard to social welfare, oligopolists forming a cooperative alliance is Group of answer choices good because it leads to l

ess disagreement and lower prices and more variety. good because forming a cooperative alliance closely resembles a perfectly competitive outcome. bad because prices will then be too high and output will be too low. bad because output will then be too high and prices will be too high. Flag question: Question 11
Business
1 answer:
dolphi86 [110]3 years ago
4 0
Ok hello what hi lol
You might be interested in
Organ Rentals Corporation has been having numerous problems. Communication across departments is poor and decisions are backing
enot [183]
The answer is Functional.
8 0
3 years ago
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was
Cerrena [4.2K]

Answer:

Real income has increased by $720 in terms of dollar and 2% in percentage

Explanation:

<em>The real income is determined by adjusting the nominal income for inflation. The consumer price index (CPI) is used to measure the rate of inflation.</em>

R<em>eal income = Nominal income × CPI Base year/ CPI in current year</em>

Real Income =         32000 × 120/125

                                =$30,720

Change Real income

Change in real income ($) = 30,720 - 30,000

                                        = $ 720  

Change in real income (%)  =  (720/30,000) × 100

                                      = 2%

Real income has increased by $720 in terms of dollar and 2% in percentage

                     

3 0
3 years ago
Cups of coffee and donuts are complementary. Both have inelastic demand. A hurricane destroys half of the coffee bean crop. Use
Nadya [2.5K]

Explanation:

<u>a.what happens to the price of coffee beans?</u>

In this case, when there is a phenomenon like a hurricane that destroys half the harvest, the supply of coffee beans consequently decreases, the quantity decreases and the price increases.

<u>b. What happens to the price of a cup of coffee? What happens to the total expenditure on cups of coffee?</u>

When the price of the main input for the production of coffee cups increases and the supply decreases, it appears as an increase in the price of a cup of coffee and a decrease in the amount of coffee cups available on the market.

As they have an inelastic demand, coffee cups with a higher price correspond to an increase in total coffee expenses.

<u>c.What happens to the price of a cup of donuts? What happens to the total expendiure on donuts?</u>

In this case, donuts and coffee are complementary, so when there is an increase in the price of coffee and a decrease in the quantity demanded, there is also a decrease in the demand for donuts. So if the demand for donuts decreases, their price also decreases and the total expenditure on donuts decreases.

8 0
3 years ago
Maymart Inc sells its products at the lowest prices in the industry, and it believes that this is the best way to stay ahead of
Y_Kistochka [10]

Answer:

A) The cost leadership strategy

Explanation:

Cost leadership is providing the service or supply of product without compromising the quality of service or product supplied.

In the given instance also, Maymart supplies goods without any decrease in quality standards that is goods are completely acceptable by customers, and that the goods are supplied at least price in the industry, this provides a competitive advantage to the company, by cost leadership.

As cost is least for consumer for same quality as demanded.

7 0
3 years ago
What is a duty paid on a particular class of goods?
mina [271]
Speed post cuier service
parcel package system goods service class
5 0
4 years ago
Other questions:
  • Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
    12·1 answer
  • If you earned $10-an-hour in 2005 when the cpi was 100, and you earn $11-an-hour today when the cpi is 120, then your real wage
    10·1 answer
  • The current market value of the assets of AMN Co. is $47 million, with a standard deviation of 21 percent per year. The firm has
    11·1 answer
  • Elaine was known for being especially frugal. In fact, it was not out of the question for her to commute nearly 45 minutes just
    15·1 answer
  • L Corporation produces and sells 15,100 units of Product X each month. The selling price of Product X is $21 per unit, and varia
    7·1 answer
  • How do consumer expectations affect the demand for a product?
    7·2 answers
  • Suppose the real interest rate is 4% and expected inflation is 1% . What is the nominal interest rate? nominal interest rate: %
    10·1 answer
  • The Clemson Company reported the following results last year for the manufacture and sale of one of its products known as a Tam.
    8·1 answer
  • An important sustainability issue that has received much more scrutiny in recent years is the: focus on adequate inventory level
    14·1 answer
  • Sandy paid 30 dollars for a blouse. Cleaning cost after each wear is about $0.50. Sandy thinks she can wear the blouse 50 times
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!