A group of firms acting in unison is called a(n) _. It can be difficult for this group to maximize joint profits because__. cartel; of the tension between cooperation and self-interest duopoly; each firm could increase its profit by producing less output than the agreed-upon amount oligopoly; each firm could increase its profit by producing more output than the agreed-upon amount monopoly; it is difficult to convince each member of the group to produce more output

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Answer 1

Answer:

Answer:

cartel
each firm could increase its profit by producing more output than the agreed-upon amount monopoly

Explanation:

The Organization of the Petroleum Exporting Countries (OPEC) is probably the most famous international cartel in the world. They set limits in their petroleum production in order to increase oil price or keep oil price artificial high.

But sometimes even they have problems deciding on what limits they should establish. When a member country needs more money due to an specific event, like Ecuador that is suffering from a recession, the other countries will not be willing to allow Ecuador to export more oil, but Ecuador might decide to do it anyways. The same happens when conflicts arise in the Middle East and some countries want to sell more oil than what they are allowed.

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Which is a section of a cabinet department

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A Bureau i looked it up for you lol

A Bureau is the answer to your question!!!!

What is the meaning of cash in the balance sheet?

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Answer:

The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.

Explanation:

What is artificial monopoly

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An Artificial Monopoly is a very huge firm wherein the production efficiency has no advantage over smaller firms but thrives all competitors out of business, remaining the sole producer of the industry.

The time interval between paying for raw materials and collecting on sales of finished goods made from those materials is known as the: 1. matching cycle.
2. inventory cycle.
3. accounts receivable cycle.
4. cash conversion cycle.

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The answer is four a a a a a a a a a a a a a a. A

Compare transnet with a perfect competitor in terms of price,output and profit

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A perfect competitor is a price taker and Transnet is a price maker. The perfect competitor will make normal profit in the short run and the monopoly will make economic profit in the long run. Output of monopoly will cost high but it makes a greater profit to competitors and a perfect competitor produces at less cost and earns a small portion of the profit. Output transnet can decide the quantity of output that is required and price that can be realized.

I hope this helps, Regards.

The requirement that only voluntary confessions be admitted grows out of the _____ Amendment

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The correct answer to the question is 5th Amendment. The requirement that only voluntary confessions be admitted grows out of the 5th Amendment. The 5th amendment states that: "No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger."

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