When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging in__________
Fill in the blanks with correct word.
ANSWER: price fixing
When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging 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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Saxena Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.1hours per unitStandard direct labor rate$15.00per hourStandard cost$1.50per unitThe company budgeted for production of 2,900 units in July, but actual production was 2,800 units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate was $14.10 per hour.The labor rate variance for July is: (Round your intermediate calculations to 2 decimal places.)
A. $225 F B. $252 U C. $252 F D. $225 U
Attributes commonly associated with leaders include:
a. intelligence, insensitivity, decisiveness, and high energy. b. integrity, persuasiveness, decisiveness, and assertiveness. c. high energy, insensitivity, ambition, and decisiveness. d. ambition, high energy, indecisiveness, and creativity.
A company reported net income of $836,000 for the current year. The year-end market price per common share was $12 and there were 475,000 weighted-average shares of common stock outstanding. Calculate the company's price-earnings ratio.
What will be an ideal response?
The fastest propagation occurs with some types of ________
A) viruses B) worms C) Trojan horses D) bots