Which of the following gives the best definition of cartel?

a. a condition of the industry that falls between the extremes of monopolistically competitive and perfectly competitive
b. a state of the industry when a few large firms have all or most of the sales
c. a condition of the industry in which many firms compete to sell similar but differentiated products
d. a group of firms that formally collude to produce the monopoly output and sell at the monopoly price

For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

Describe the three different ways the argument section of a cover letter can be formatted