Answer:
D. Earn short run economic profits
Explanation:
A cartel can be defined as a formal agreement reached (collusion) in an oligopolistic industry between two or more business firms that are saddled with the responsibility of producing goods and services in order to make price and output decisions such as price regulation, total level of output or supply, allocation of customers, market shares, territory allocation, division of profits, collusive bidding etc.
This ultimately implies that, when a group of independent firms in an oligopolistic industry collude by reaching a formal agreement to regulate supply, as well as manipulate or regulate prices, they do so to increase their profits and market dominance.
Hence, firms colluding earn short run economic profits.
Answer:
B) 708
Explanation:
The computation of the economic order quantity is shown below:
Data given in the question
Annual demand = 50,000 units
Ordering cost per order = $25
Holding cost per unit = $5


= 708 units
We apply the above formula to compute the economic order quantity so that the approximate value could come by considering the all items given in the question
Answer:
Option C Synergy
Explanation:
Synergy is the additional value that company generates for the shareholders as a result of extensive mutual co-operation in resource management. This extensive mutual co-operation results in lower costs of operations which means both the companies has gain increased profits as a result of synergy.
Synergy is the main reasons why companies acquires companies which is in the same line of business or whose operations are largely similar to those of the company.
Answer:
B) Employees' workload can be adjusted to accommodate their requests to go on leave.
E) Employees have been working on regular working days of the year