When firms in a particular industry informally agree to charge the same price as the largest firm in that industry, it is called: tacit collusion.
Tacit conspiracy is a conspiracy between challengers, which don't explicitly exchange information and achieve an agreement about the collaboration of conduct. There are two types of wordless conspiracy- combined action and conscious community. In a combined action also known as combined exertion, challengers change some information without reaching any unequivocal agreement, while a conscious community implies no communication. In both types of wordless conspiracy, challengers agree to play a certain strategy without explicitly saying so. It's also appertained to as oligopolistic price collaboration or wordless community.
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Well energy is a property of objects which can be transferred to other objects or converted into different forms. Don’t know what business energy is
Answer:
Price willing to pay=$1105.94
Explanation:
Annual Coupon Payment=$1,000*0.08
Annual Coupon Payment=$80
Calculating Present Value (PV) of Par Value:
Where:
i is the rate of return.
FV is par value
PV= $258.419.
Calculating PV of annual Coupon Payment:
i is the coupon rate
A is the annual Payment
PV=$847.521
Price willing to pay= Present Value (PV) of Par Value+ PV of annual Coupon Payment
Price willing to pay=$258.419+$847.521
Price willing to pay=$1105.94
Answer: The price level and the inflation rate.
Explanation:
It should be noted that in the long run, the changes in money supply affects the nominal variables like inflation rate, exchange rate, price level and does not affect the real variables.
Therefore, when the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change the price level and the inflation rate.
Answer:
This statement is False
Explanation:
One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.