Explain why member firms of a cartel like OPEC have incentives to agree to a low cartel production level and then produce more than its quota.

Answers

Answer 1
Answer: Because the members of OPEC are dealing with oils as their main selling commodities.

The thing is, oil is an un-renewable natural resources , well not unnecessarily un-renewable, but it took hundred of millions of years for earth to produce a new oil.

So the OPEC members have to be really careful in maintaining their quota. And also, if they produce more, the price of the oils will drop.
Answer 2
Answer:

A.

Its leaders were arrested and imprisoned in American jails.


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How does monitor and evaluation of quality processes positively impact on businesses

Answers

The monitor and evaluation of quality processes positively impacts the business because it allows you to look upon the negative and positive aspects of the business. Thus, giving you insights and ideas as to what should be removed from the business and what should be added or continued for the better good of the business.

Monitoring and evaluation of quality processes positively impact businesses by ensuring consistent product quality, improving customer satisfaction, identifying areas for improvement, increasing efficiency.

There are a number of methods to monitor and evaluate quality processes in order to have a positive business impact:

First and foremost, by monitoring quality processes, businesses can identify areas that need improvement and take steps to make necessary changes. This can result in increased efficiency, reduced waste, and improved customer satisfaction.

Secondly, evaluation of quality processes can help businesses identify strengths and weaknesses in their operations. This can help them make informed decisions about where to invest resources and which areas to focus on to achieve the best possible outcomes.

Finally, by monitoring and evaluating quality processes, businesses can ensure that they are meeting the expectations of their customers and stakeholders. This can lead to increased trust and loyalty, which can have a positive impact on the overall success of the business.

Learn more about stakeholders here:

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Why should you research the company’s mission and goals? You can use this information to show how you will be an asset to the company. This information will tell you whether or not the company is profitable. You can find out about the company's status and success rate by reading this information. It isn’t necessary to look at this information.

Answers

Answer

The reason for researching the company’s mission and goals is so that You can use this information to show how you will be an asset to the company.

Explanation

Mission of a company the clarity of what your company can do do to its clients and what services can be offered that is with the aim of gaining more clients in order to increase the company's profit and make its profile more appealing. It also describes who the company is and why you as the client you should be part of it.

Company goals are the things which are set by a certain company with the aim of helping the company grow and achieve its objectives.

so when you research the company mission and goals this means you are helping it to achieve its objectives and You can use this information to show how you will be an asset to the company.

According to the output effect of a factor price increase, the demand forA) the factor whose price has increased will decrease, but the demand for the other factors
will increase.
B) all factors decreases.
C) all factors increases.
D) the factor whose price has increased will increase, but the demand for the other factors
will decrease.

Answers

Answer:

A) the factor whose price has increased will decrease, but the demand for the other factors

Explanation:

The production of goods and services in an economy comes from the combination of factors of production, for example labor and machinery. When the price of one of the factors of production increases, the quantity demanded by that factor will decrease, since there will be a rearrangement in production to alter the necessary composition between the factors in the production of a good. In other words, one factor will be replaced by another as much as possible.

For example, if the shoe production uses 2 machines and 10 workers. If the price of labor increases, the company may invest in buying one more machine and reducing the number of workers to 5.

The term for a rise in prices of general consumer goods isa. peaking.
b. price indexing.
c. inflation.
d. deficit.

Answers

C. Inflation

If you require clarification on why, feel free to comment! 

1. The common stock of Textile Mills pays an annual dividend of $1.65 a share. The company has promised to maintain a constant dividend even though economic times are tough. How much are you willing to pay for one share of this stock if you want to earn a 12 percent annual return

Answers

Answer:

The maximum price of the stock that can be paid is $13.75

Explanation:

The value can be found using the Dividend Valuation Model the value of the stock can be calculated from the following formula:

Value of Stock = Dividend paid / Required rate of return

By putting the values we have:

Value of stock = $1.65 / 12% = $13.75

If a deaf person goes to court, do they call it a hearing?

Answers

Probably. They call a hearing a hearing because the judge hears both sides of the story, not the victim/convict.