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3 years ago

Which of the following is LEAST likely to be a reason for firms to form a cartel?

Business

1 answer:

GalinKa [24]3 years ago

4 0

Answer:

The correct answer is letter "C": to raise competition among firms in the cartel.

Explanation:

A cartel is a group of companies or countries working together to regulate the price of a single product they produce in common. The cartel makes it impossible for a foreign business to enter the market and demand lower prices. Cartels are, in most cases, not helpful to customers. They generate high prices that remain unchanged until consumers find alternative ways to purchase the same items.

Under such a scenario,<em> cartels are unlikely to be formed to generate more competition among the companies that compose them.</em>

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32. Peter must decide if he should add one more dog to his dog-walking business. What is this decision an

KengaRu [80]

Answer:

Explanation:

b. thinking at the margin

i think because is is asking for what decision it is

hope this helps some

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3 years ago

The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi

olasank [31]

Answer:

$24,000

Explanation:

Since in the question it is given that the 3% of credit sales is considered to be a bad debt expense

where,

Credit sales is $800,000

And, the estimated percentage is 3%

So by considering this above information, the amount debited to bad debt expense is

= $800,000 × 3%

= $24,000

All the other information i.e to be given is not relevant. Hence, ignored it

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3 years ago

Catherine often switches from project to project because she thinks she gets more done that way. She also doesn't get bored as o

marta [7]

The answer is A. Multitasking. For three reasons: <span>You’re less productive. It is scientifically proven that there is no such thing as multitasking. You're simply switching from one task to another. When your brain tries to switch it needs to rethink about what its doing which wastes time. You sabotage your ability to do good work. Constantly switching from one thing to another means you can't focus on one specific thing. This often leads to mistakes which means you need to take extra time to fix it anyway. You squelch your creative juices. In other words when you go back and forth from one thing to another you're preventing your thoughts from developing into other thoughts. Which could potentially prevent a brilliant idea.Stay safe. Focus!
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5 0

3 years ago

Read 2 more answers

Which of the following occupations is among the 10 projected most rapidly declining U.S. occupations in terms of percentage decr

NemiM [27]

Answer:

Postal service mall sorters and processors is the correct answer for the following.

Explanation:

A postal worker would be someone who receives, philtres and handles mail and sells mail items.
These include such roles as postal hoppers and agents, mail carriers, developers, and assembly line workers.
Workers at the Postal Service collect and prepare mail for shipment to homes, companies and boxes at the post office.

Therefor, the Postal service is the correct answer.

6 0

3 years ago

If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materia

barxatty [35]

The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.

<h3>What is meant by total cost?</h3>

Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.

Given values:

Cost of direct materials: $50,000

Cost of direct labor: $25,000

Cost of overheads: $12,500 ($25,000 X 50%)

Computation of total job cost:

$\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500$

Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.

Learn more about the overhead cost in the related link:

brainly.com/question/14545063

#SPJ1

4 0

2 years ago