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mixas84 [53]
3 years ago
8

A. The menu prices at restaurants in New Buffalo, Michigan, a small lakeside town, increase during the summer months and decline

starting November 1. B. All the gas stations along the Gulf coast increase their prices after a hurricane devastates communities near the water. C. Two steel manufacturers apply the same new technology, which increases productivity for both. D. The two firms in a small rural town that employ most of the people in that area agree to keep wages low. E. Three major airlines meet to discuss pricing strategy and as a result prices for airplane tickets rise.
Business
1 answer:
skelet666 [1.2K]3 years ago
4 0

Answer:

Which of the following are examples of collusion? Choose one or more:

Explanation:

Answer: C, and E

Collusion is the process in which few firms (but not all firms) in the industry mutually cooperate (through a secret meeting) for their own benefits (but not for the benefits of whole industry).

Option A: This is not collusion, since all the owners are involved.

Option B: This is not collusion, since increasing productivity is the normal process.

Option C: This is collusion, since the labor market is deceived by only 2 firms.

Option D: This is not collusion, since all the gas stations are involved.

Option E: This is collusion, since only dominating firms deceive the industry by increasing prices.

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Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate de
s344n2d4d5 [400]

Answer: affect aggregate demand directly.

Explanation:

Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.

To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.

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3 years ago
MC Qu. 90 A company is planning to purchase... A company is planning to purchase a machine that will cost $30,600 with a six-yea
faltersainse [42]

Answer:

Accounting rate of return = 20.53%

Explanation:

<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>

The simple rate of return can be calculated using the two formula below:

Accounting rate of return

= Annual operating income/Average investment × 100

Average investment = (Initial cost + scrap value)/2

                                     = 30,000/2= 15,000

Accounting rate of return = ( 3080/15,000) × 100 = 20.53%

Accounting rate of return = 20.53%

3 0
3 years ago
Which of these is an acceptable less hazardous method of cleaning than solvents?
Fantom [35]

Answer:

I believe it is A

Explanation:  Recommended Best Practices for Disposable Aerosol Cans. 44 ... Reactivity - A waste is reactive if it reacts violently with water, forms potentially ... K-Listed Wastes: These are hazardous wastes from specific processes, many of ... Appendix C. ... Aqueous clean- ers are less toxic than petroleum- based solvents.

4 0
3 years ago
Who is the home inspector's most important source of business leads?
vfiekz [6]
A, Real estate agents.
4 0
3 years ago
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Your company is interested in producing and marketing a line of coffee that will penetrate the European market. Your firm is wil
Mrac [35]

A franchise can be used.

<h3><u>Explanation:</u></h3>

Franchise refers to the authorization that is given by the government for involving in commercial activities. It is the permission that is obtained legally for using the ideas, expertise and processes of some one else with their permissions.

In the example given, a firm is willing to provide all necessary materials for the preparation of coffee and wants to penetrate the European market. The company here provides all the equipment, ingredients, trademarks and operating systems and hence it can make use of franchise type of strategy.

7 0
3 years ago
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