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lorasvet [3.4K]
2 years ago
6

Suppose there are two breakfast restaurants in your college town, Waffle Kingdom and Flip’s Flapjacks, and they decide to operat

e collusively as a cartel. If both restaurants abide by the cartel’s agreement, then each will earn $100,000 in profit. If both restaurants cheat on the cartel’s agreement, then each will earn $25,000 in profit. If one restaurant cheats and the other abides by the agreement, then the cheater will earn a profit of $150,000 while the firm that abides will have a loss of $12,500.1 The most profitable combined outcome for the two restaurants would bea. for both restaurants to abide by the cartel’s agreement.b. for both restaurants to cheat on the cartel’s agreement.c. for Waffle Kingdom to cheat on the agreement and Flip’s Flapjacks to abide by the agreement.d. There is not a profitable outcome for both restaurants
Business
1 answer:
3241004551 [841]2 years ago
3 0

Answer:

a. For both restaurants to abide by the cartel’s agreement.

Explanation:

These type of agreements unite companies that have common interests or are in a similar industry to form an association.

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The phone rings in the next room and the assistant answers it. She tells the caller, "Yes, sir, he is here." After a moment she
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Assume millerville was producing 30 scooters and 10 helicopters before specialization. if millerville wanted to maintain product
lutik1710 [3]

As long as the production times and price points were simular then it would. However, with assuming it costs much more of a hellicoper then it does for a scooter to be produced they would definitly benefit from trading one schooter for one helicopter with Jamestown. They will benefit due to time and money that is being saved.

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Arlecino [84]

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The marketing plan is the starting point to successfully implement the business strategies of any business. It is a written document that must contain the objectives, strategies and actions to be performed. It must be developed both strategically and tactically; that is, you must consider the conditions surrounding the business and the details of the execution of the plan.

Within the strategic level, there is the diagnosis. This step is fundamental, as it provides the foundation for the development of a good marketing plan. The diagnosis allows to gather crucial information regarding the initial situation of the business and the market, with which it is possible to anticipate the threats or opportunities provided by external factors.

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2 years ago
A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?
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Cost price = 6,500
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