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.
Answer:
Exchange of purpose
Explanation:
The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and goals is called Exchange of purpose
Answer: Cross functional team
Explanation:
Cross functional team could be defined as a team of people from their parent department in an organization, coming together to work for another purpose. This is a scenario were people in addition to their existing department's in organization work for another function. This works for short term committee, to meet up a project or task.
Answer:
The cost of goods manufactured for the year is: $8,400
Explanation:
The cost of goods manufactured is calculated by using following formula:
The cost of goods manufactured = Finished goods inventory, December 31 + Cost of goods sold - Finished goods inventory, January 1.
Romeo Corporation has Finished goods inventory, January 1 of $2,500 Finished goods inventory, December 31 of $3,300 and Total cost of goods sold of $7,600
The cost of goods manufactured = $3,300 + $7,600 - $2,500 = $8,400
Answer: The correct answer is "d. there will be no shifts of the curves, but the real interest rate rises.".
Explanation: If there is a shortage of loanable funds, then: there will be no shifts of the curves, but the real interest rate rises.
this causes as the interest rate rises to equilibrium the amount offered of loanable funds increases and the quantity demanded of loanable funds decreases
