BUSINESS HIGH SCHOOL

You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is called _____.a market price
competition
collusion

Answers

Answer 1
Answer: Is called collusion

It's actually price collusion to be precise ( not to be mistaken for the crime collusion)

Often time, to attract customers, sellers will offer a lower price than their competitor. Though it may attract more customer, it will lower their profit.

In price collusion, all sellers is guaranteed to have same product price and profit margin, creating a perfect competition market for that product
Answer 2
Answer:

You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is called collusion .

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Clu, Dolf, and Elton do business as Fertile Valley Farm. Clu s relationship to the firm ends, but it continues to do business. This is dissociation. dissolution. winding up. wrongful.

Answers

The right answer for the question that is being asked and shown above is that: "This is dissociation." Clu, Dolf, and Elton do business as Fertile Valley Farm. Clu s relationship to the firm ends, but it continues to do business

A bookstore costs $125 a day to keep open, and spends $16 for each book it sells. the store charges $22 for each book it sells. if n represents the number of books sold, which equation represents the revenue function for this bookstore?

Answers

Answer: n(22)

Revenue is referred to as sales from goods and services. It is calculated by multiplying the selling price of each unit by the total number of units sold. In the example, a bookstore that sells (n) number of books at $22 per book generates n(22) in sales revenue. 

The equation which represents the revenue function for the bookstore is:

R=n(22)

Answer:

Explanation:

16n + 125

Smart employers recognize that innovative ideas are worth the risk agree or disagree

Answers

Answer: Agree

It is true that only those real smart employers will recognize and realize that innovative ideas are worth the risk. At first glance, these innovations may not be easy to accept however, when this will be considered in strategic planning employers realize that even if it's going to be a risk it is going to be worth it.

A phone company offers 2 monthly charge plans. In plan A , the customer pays a monthly fee of $25 and then another additional 9 cents per minute of use. In plan B, the customer pays a monthly fee of $32.60 and then an additional 7 cents per minute of use. For what amounts of monthly phone use will Plan a cost no more than plan b?

Answers

Answer:

380 minutes

Explanation:

Given: Plan A : Monthly fee $25

                         Additional per minute charges = 9 cents

          Plan B = Monthly fee = $32.60

                         Additional per minute charges = 7 cents

The equation for cost usage under plan A will be,

X = 25 + 0.9 y

wherein y denotes the number of minutes consumed

Similarly, for Plan B, the equation would be,

X = 32.6 + 0.07 y

since total cost under the two has to be same at the same number of minutes.

Equating the two , we get,

25 + 0.09 y = 32.6 + 0.07y

⇒ 0.02y = 32.6 - 25

⇒ 0.02y = 7.6

⇒ y = (7.6)/(.02)

⇒ y= 380

Hence till the usage level of 380 minutes, Plan A will not cost more than Plan B.

The 529 plan is a type of ____ plana. grant
b. scholarship
c. tuition savings
d. financial aid

Answers

The answer is C, Tuition Savings. Hope this helps.
The answer is C. Tuition Saving

Which loan type requires you to make loan payments while you're attending school

Answers

This type of a student loan is called an unsubsidized student loan. In these loans, you are responsible of paying the loan at all times, as well as the interest rates.
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