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Y_Kistochka [10]
2 years ago
15

According to the ________ cheating model, assuming little or no product differentiation among a small number of firms, if one fi

rm decides to cheat on a collusive agreement by reducing its prices, others will as well and, in the long run, firms in this industry will earn no economic profits.
Business
1 answer:
Olegator [25]2 years ago
7 0

Answer:

Cartel, oligopoly

Explanation:

In this kind of market with little producers and little differenciation among the products there are no incentives for other companies to enter because of the barriers, so it's extremely likely that if one of them reduces their prices this industry can't generate economic profits.

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Suppose an investment broker offers to sell you a financial asset for $850. You will receive only one payment of $1,000 five yea
avanturin [10]

Answer:

The interest rate is 0.06%

Explanation:

Step one :

Given data

final amount $1,000

initial principal balance $850

annual interest rate=?

time (in years)=5 years

Step two:

Applying the

Simple interest/Formula

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Plugin our data into the formula We have

1000=850(1+r*5)

1,000=850(1+5r)

Opening bracket we have

1,000=850+4,250r

Colleting like terms we have

1000-850=4250r

250=4,250r

Dividing both sides by 4,250 we have

r=250/4250

r=0.058

Hence the interest rate is 0.06%

6 0
2 years ago
Read 2 more answers
In the _____ stage of the sales process, a salesperson describes a product's features and relates them to the customer's needs.
Varvara68 [4.7K]
Hello There!

In the presentation stage of the sales process, a salesperson describes a person's features and relates them to the customer's needs.

Hope This Helps You!
Good Luck :) 

- Hannah ❤
6 0
2 years ago
In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals,
nordsb [41]

Answer:

In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals, human resource management must first develop <u>HR policies</u>

Explanation:

Human resources (HR) policies are policies put in place as a form of guidance and protection for every worker within an organization.

When the issues that may arise among workers are sorted via HR policies, company can achieve its strategic goals effectively.

These policies include:

  1. At-will employment
  2. Anti-harassment and non-discrimination
  3. Employment classifications
  4. Leave and time off benefits
  5. Meal and break periods
  6. Timekeeping and pay
  7. Safety and health
  8. Employee conduct, attendance and punctuality
6 0
2 years ago
Read 2 more answers
Production Processes Manufacturers use several different production processes to create goods and services. This activity is imp
iragen [17]

Answer:

Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.  

A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.  

Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.  

Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.

A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.  

A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.

8 0
2 years ago
Kenneth is admired as a manager because of his ability to work well with others to get things done. Which type of skill is Kenne
riadik2000 [5.3K]

Answer:

Is teamwork skills

Explanation:

Working well in a team mean:

Work with a group to achieve a goal or shared result effectively

Listen to team members.

Take into account the ideas of all the team

6 0
2 years ago
Read 2 more answers
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