Business, 07.03.2020 04:12, studyowl9192

A cartel is an explicit agreement among competing firms to fix prices, marketing, and production. The goal of a cartel is to increase the collective profits of the participating companies by reducing competition. Although firms in many industries have tried to organize cartels, very few known cartels have lasted for more than 4 or 5 years, because the members of a cartel all have an incentive to cheat and cut prices just a little in order to maximize their individual profits at the expense of profits of the cartel as a whole. Select True for the statement that the given information most strongly suggests is true. Select False for the statement that the given information most strongly suggests is false. Make only two selections, one in each column.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:20, kierafisher05

James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.

Answers: 2

continue

Business, 22.06.2019 02:30, teresaduggan1433

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

Answers: 3

continue

Business, 22.06.2019 15:30, graciemccain

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

Answers: 3

continue

Business, 22.06.2019 20:00, jessicaortiz6

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:

Answers: 2

continue

Do you know the correct answer?

A cartel is an explicit agreement among competing firms to fix prices, marketing, and production. Th...