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3 years ago

Interpret the effects of monopolies and cartels on the consumer

2 answers:

6 0

He always will have only one option or one price. when there is a monopoly, the consumer can be consuming a bad quality product with a expensive price, and when happen a cartel the businessman won't have a competitor, because the product always be the same price. I hope I helped you.

marissa [1.9K]3 years ago

3 0

Monopolies and cartels will give customers disadvantages. The customer has no choice other to buy products at a higher price.

EXPLANATION

Monopolies mean that a company is the sole provider of a product or a service. Therefore, this company has no competition, hence no price restrictions too. Monopolies use acquisitions, mergers, and patents to obtain the dominance of an industry, and also to prevent new market entry. If the monopoly is not regulated, it will deeply affect businesses, consumers, and also the economy itself.

This is because the company that does monopoly can raise the price as much as they want, and the customers still have to buy it from them, since they will find no alternatives other than their products or services. The same goes for cartels.

Business cartels happen when competitors get together. The competitors then have an agreement that they would not compete against each other. They fix the price and sharing markets or rigging bids for contracts on who will win. Therefore, business cartels rip customers off. Customers also have to buy the products and services that have a fixed price, which is not a fair deal for them.

This means that both monopolies and business cartels both give customers disadvantages. They both “force” customers to buy products or services at this specific price, which can be way higher than the original cost of production or can be because of the deal of the competitors.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

Business leaders begin vertical integration: brainly.com/question/13157817

Value of business people in the US: brainly.com/question/5011515

KEYWORD: cartels, monopolies, customers

Subject: Social Studies

Class: 7-9

Subchapter: Cartels and Monopolies

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Q1. sin27° = x/8

Solution:

We have to solve for x, therefore, we will rearrange the given equation for x.

We get,
x = 8 × sin27°

Using the calculator,

sin27° = 0.45

Now substitute the value of sin27° into the main equation.

we get,
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Q2. tan 18° = n / 75

Solution:
We have to solve for n, therefore, we will rearrange the given equation for n.
We get,
n = 75 × tan 18°
Using the calculator,
tan 18° = 0.32
Now substitute the value of tan 18° into the main equation.
we get,
x = 75 × 0.32
x = 24.37 (rounded to the nearest hundredth)

Q3. sin40° = 4 / a

Solution: We have to solve for a, therefore, we will rearrange the given equation for a.
We get,
a = 4 ÷ sin40°
Using the calculator,
sin40° = 0.64
Now substitute the value of sin40° into the main equation.
we get,
a = 4 ÷ 0.64
a = 6.25 (rounded to the nearest hundredth)

Q4. cos5° = 92 / y

Solution: We have to solve for y, therefore, we will rearrange the given equation for y.
We get,
y = 92 ÷ cos5°
Using the calculator,
Cos5° = 0.99
Now substitute the value of cos5° into the main equation.
we get,
y = 92 ÷ 0.99
y = 92.92 (rounded to the nearest hundredth)

Q5: Given the shape attached, therefore, using the triangle given, we have:
Angle of elevation = 35°
length of Opposite side to the angle = x
Length of Hypoteneus = 12
Calculations:
Using the SOH CAH TOA rules:
SOH stands for SineФ = Opposite ÷ Hypotenuse.

CAH stands for CosineФ = Adjacent ÷ Hypotenuse.

TOA stands for TangentФ = Opposite ÷ Adjacent.

Hence,

SineФ = Opposite ÷ Hypotenuse

Substituting the values:

Sine35° = x ÷ 12

0.5735 = x ÷ 12

x = 0.5735 × 12

x = 6.88 (rounded to the nearest hundredth)

Q6: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 54°
length of the adjacent side to the angle = x
Length of Hypoteneus = 30
Calculations:
Using the SOH CAH TOA rules:

Hence,

CosineФ = Adjacent ÷ Hypotenuse

Substituting the values:

Cos54° = x ÷ 30

0.5877 = x ÷ 30

x = 0.5877 × 30

x = 17.63 (rounded to the nearest hundredth)

Q7: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 22°
length of the adjacent side to the angle = 85
length of the opposite side to the angle = x
Calculations:

Using the SOH CAH TOA rules:

Hence,

TangentФ = Opposite ÷ Adjacent

Substituting the values:

tan22° = x ÷ 85

0.4040 = x ÷ 85

x = 0.4040 × 85

x = 34.34 (rounded to the nearest hundredth)

Q8: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 16°
length of the opposite side to the angle = x
Length of Hypoteneus = 14
Calculations:
Using the SOH CAH TOA rules:
Hence,

CosineФ = Adjacent ÷ Hypotenuse

Substituting the values:

Sine16° = x ÷ 14

0.2756 = x ÷ 14

x = 0.2756 × 14

x = 3.86 (rounded to the nearest hundredth)

Q9: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 65°
length of the adjacent side to the angle = 9
length of the opposite side to the angle = x
Calculations:
Using the SOH CAH TOA rules:
Hence,

TangentФ = Opposite ÷ Adjacent

Substituting the values:

tan65° = x ÷ 9

2.1445 = x ÷ 9

x = 2.1445 × 9

x = 19.30 (rounded to the nearest hundredth)

Q10: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 51°
length of the adjacent side to the angle = x
Length of Hypoteneus = 70
Calculations:
Using the SOH CAH TOA rules:
Hence,

CosineФ = Adjacent ÷ Hypotenuse

Substituting the values:

Cos51° = x ÷ 70

0.6293 = x ÷ 70

x = 0.6293 × 70

x = 44.05 (rounded to the nearest hundredth)

Q11: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 36°
length of the opposite side to the angle = 15
Length of Hypoteneus = x
Calculations:
Using the SOH CAH TOA rules:
Hence,

CosineФ = Adjacent ÷ Hypotenuse

Substituting the values:

Sine36° = 15 ÷ x

0.5877 = 15 ÷ x

x = 15 ÷ 0.5877

x = 25.52 (rounded to the nearest hundredth)

Q12: Given the shape attached, therefore, using the triangle given, we have:

Angle of elevation = 60°
length of the adjacent side to the angle = x
length of the opposite side to the angle = 100

Calculations:
Using the SOH CAH TOA rules:

Hence,

TangentФ = Opposite ÷ Adjacent

Substituting the values:

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2.1445 = 100 ÷ x

x = 100 ÷ 2.1445

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Q13: When a 25-ft ladder is leaned against a wall, it makes a 72° with the ground. How high up on wall does the ladder reach?

Solution: Given the shape attached, therefore, using the triangle given, we have:

The angle of elevation from the ground = 72°
length of the wall opposite to the angle = X
Length of ladder (Hypoteneus) = 25 feet

Calculations:
Using the SOH CAH TOA rules:
Hence,

SineФ = Opposite ÷ Hypotenuse

Substituting the values:

Sine72° = x ÷ 25

0.9510 = x ÷ 25

x = 25 ÷ 0.9510

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ANSWERS TO QUESTION 14 AND 15 ARE ATTACHED

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3 years ago

According to the text, there are four different aspects of a decision that a business should evaluate in order to___ maximize pr

jeka94

Answer:

(1) Legal Implication

(2) Public Relations Impact

(3) Safety Risk concerns

(4) Financial considerations

Explanation:

The Four(4) different aspects of a decision that a business should evaluate in it's bid to become a corporate citizens are :

(1) Legal Implication

(2) Public Relations Impact

(3) Safety Risk concerns

(4) Financial considerations

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3 years ago

Read 2 more answers