An extreme case of oligopoly in which firms collude to raise joint profits is known as

a. duopoly. cartel. dominant producer. price war.

Foreign aid is intended to result in what?

Because it is difficult for economists to use experiments to generate data, they generally must a. use whatever data the world gives them. b. substitute assumptions for data when data are unavailable. c. do without data. d.

2. What Internet marketing strategy do you think is most effective in influencing a consumer's purchasing decisions?

Reynold's grocery has fixed costs of $251,000, the unit selling price is $22, and the unit variable costs are $21. what is the break-even sales (units) if the variable costs are decreased by $5? a. 251,000 units b. 11,952 units c. 15,688 units d.

Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventory $4,000, purchases $8,000 and gross profit $10,000. How much was Powers' beginning inventory

How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?

Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.

Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes

Joyce finds that the members of the project team to which she has been promoted are all middle-aged men. joyce wonders if she, a young new graduate from a local university, will be taken seriously. joyce is likely to be reacting to a

What is inflation? A. The value of products and services produced in a country B. The growth of value in a company C. When the value of a dollar goes down, so you can't get as many products or services for your dollar D.