Mondays and Thursdays is only 2 days a week. So 2.15x2 is 4.3 hours a week. 4.3x3= 12.9 hours every 3 weeks or 12 hours and 54 minutes
Answer:
controlling supply levels
Explanation:
It is commonly understood in economics that competition lowers prices by having companies fight each other for the consumers earned dollars.
A cartel is, then, an organization that exists for the purpose of controlling the supply and production of an item in order to fix the price.
By eliminating competition, a cartel is able to dictate to the market what they believe is an acceptable or desirable price
If a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand, the effect will be to: option D.
<h3>What is a
subsidy?</h3>
A subsidy can be defined as an amount of money that is granted by the government or a public institution, so as to help a business firm (producers) keep the price of a product (commodity) or service low.
In this context, we can infer and logically deduce that the effect of a a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand would lower the price of the product to consumers by $6.00 per unit.
Read more on subsidy here: brainly.com/question/6945210
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