A ________ is a secret agreement among competitors to share information for a deceitful
or illegal purpose.
A) joint venture
B) collusion
C) strategic alliance
D) cartel
B
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Mickey Tire Company makes a special kind of racing tire
Variable costs are $225 per unit, and fixed costs are $30,000 per month. Mickey sells 500 units per month at a sales price of $310. If the quality of the tire is upgraded, the company believes it can increase the sales price to $349. If so, the variable cost will increase to $234 per unit, and the fixed costs will rise by 50%. If Mickey decides to upgrade, how will operating income be affected? A) Operating income will decrease by $15,000. B) Operating income will decrease by $4,500. C) Operating income will increase by $4,500. D) Operating income will remain the same.
Explain how the relationship between England's class structure and consumption has recently begun to change
What will be an ideal response?