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GREYUIT [131]
3 years ago
8

Impact of collusion in terms of output and price on consumers and producers​

Business
1 answer:
ozzi3 years ago
4 0

Answer: See explanation

Explanation:

Collusion refers to the agreements among the sellers of a particular product to either fix or increase the price and also reduce output. The main idea behind this is to increase profits and also reduce the competitiveness in such market.

Collusion can bring about high prices for the consumers and this ultimately leads to the reduction in the consumer surplus. Also, the new firms that want to enter the market may discouraged since the collusion can be an entry barrier.

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Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?
Inessa [10]
To solve this problem, first, we must know the formula to get the current ratio. 
                           Currents Assets
Current Ratio=  -------------------------
                           Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
   CA= $593,000,000
   CL= $316,000,000

Let's now solve  $593,000,000 / $316,000,000 = 1.88 

4 0
3 years ago
Which of the following is indicative of supervisory leadership?A. Conflict is containedB. Individual performance is developedC.
gulaghasi [49]

Answer:

B. Individual performance is developed.

Explanation:

Supervisors and leaders are closely related as both influence an audience, to grow and motivates them to attain goals.

Further, when supervisory leadership is done, it clearly helps individuals grow, and act motivated in all the aspects of the performance.

This, is clearly depicted from the results of outcomes as the performance is above the expected standards and then, the individual level of performing the job also get boosted.

Therefore, correct option is

Statement B

5 0
3 years ago
In the event a firm goes bankrupt, an investment grade senior debenture bond is more likely to receive liquidation proceeds than
Elina [12.6K]
The answer that best fits the blank provided above is A SUBORDINATED DEBENTURE. Subordinated debenture is also known as subordinated debt. This kind of debt that ranks just below other loans whenever the company files bankruptcy. This is what is received instead of the liquidation proceeds.
3 0
3 years ago
Encore Industries owned investment securities with a book value of $45 million on August 12. At that time, Encore’s board of dir
Aleks04 [339]

Answer$13m

Explanation:

It's the declared dividend on the date declared, that is obligatory for payment by a company. What happens there after are normal trading activities.

4 0
3 years ago
The price elasticity of supply for basmati rice (an aromatic strain of rice) is likely to be which of the following?
tiny-mole [99]

Answer: D. Higher in the long run than the short run, because farmers cannot easily change their decisions about how much basmati rice to plant once the current crop has been planted.

Explanation:

Price Elasticity of Supply refers to how Supply changes in response to a change in price. Essentially, if the price of a good increases, will Supplier supply more or less of that good as a result and by how much will they do so.

In the short run, the farmers would have already planted the crops and so would be unable start changing the quantity that they expect from the harvest. They will therefore supply the amount they harvested regardless of a price change.

In the long run however, they can change the amount of rice planted depending on the price of the rice in the market. Price Elasticity is therefore higher in the long run than in the short run.

5 0
3 years ago
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