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2 years ago

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:

1 answer:

3 0

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

Cartel

According to the given question, we are asked to show the term which can be best used to describe a group of sellers who make an agreement to reduce their collective output so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

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The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations

Virty [35]

The price of coffee rose sharply last month, while the quantity sold remained the same can be a result of several situations and therefor there are several explanations that are possible:
Demand increased, but supply was perfectly inelastic.
Demand increased, but supply decreased at the same time.
Supply decreased, but demand was perfectly inelastic.

5 0

3 years ago

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A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du

morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)
Total Cost = $218,000 -----> ANSWER

We deduct the initial from the final inventory to get the balance.

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2 years ago

Pick the correct statements regarding cell references.

seropon [69]

where are the statements?

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2 years ago

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lue Inc. has decided to raise additional capital by issuing $171,000 face value of bonds with a coupon rate of 11%. In discussio

Dafna1 [17]

Answer:

Explanation:

Value assigned to bonds =

Value of bonds without warrants/(value of bonds without warrants+value of warrants)*Issue price

Value assigned to warrants =

Value of warrants/(value of bonds without warrants+Value of warrants)

Value assigned to bonds = 115,200/(115,200+28,800) * 140,000 = 0.8*140,000 = 112,000

Value assigned to warrants = 28,800/144,000 * 140,000 = 28,000

Journal entries:

Dr Cash 140,000

Dr Discount on bonds payable (171,000-112,000) 59,000

Cr Bonds payable 171,000

Cr Paid in capital-Stock warrants 28,000

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2 years ago

Contingency theories propose that the effectiveness of a particular style of leader behavior depends on the Multiple Choice situ

Arlecino [84]

Contingency theories propose that the effectiveness of a particular style of leader behavior depends on the situation.

<h3>What do you understand by contingency theory of leadership?</h3>

According to the contingency theory of leadership, a leader's efficacy is determined by whether or not their leadership style is appropriate for the situation. These theory shows that there is no fundamental way to meet with the requirements of business and implement decision making.

To represent better effectiveness at workplace, A leader should be flexible to meet with different situations. The decision making will be varied from situation to situation.

The contingency theory of leadership focus on skills like, adaptability, ability to face challenges, effective communication, innovative approach as well as critical thinking and decision making. The leaders should develop unique leadership style to deal with challenging situation.

Learn more about theory of leadership refers to:

brainly.com/question/20709656

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2 years ago