Univ Airlines and Mirago Airlines are two competing airlines. They make an agreement to charge customers a certain price for airfreight. This leads to the filing of several lawsuits against them by other airlines
In this scenario, the two firms most likely indulged in__________.
Fill in the blanks with correct word.
ANSWER: price fixing
The two firms most likely indulged in price fixing. Price fixing is an agreement between two or more firms on the price they will charge for a product.
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What are the major assumptions of CVP analysis?
The pre-tax cost of debt is 11%, preferred stock costs 14%, and equity costs 15%. What is the weighted average cost of capital assuming a tax rate of 40% and a target capital structure of 40% debt, 20% preferred stock, and 40% equity?
A) 10.6% B) 11.2% C) 14.0% D) 11.4% E) 12.8%
The ________ is a nongovernmental bridging organization that establishes global barometers for quality.
A. World Trade Organization B. National Institute of Quality C. Small Business Administration D. International Organization for Standardization
The equal-appearing interval scale is also known as ___________________.
a) Likert Scale b) Thurstone Scale c) Guttmann Scale d) None of the above