The owners of the rival gas stations in a small town meet secretly and agree that they will charge consumers the same price on gasoline so that they can maximize profits. this is an example of

The answer is profit maximization. This occurs when an organization, company or firm establish a price and level that will be of benefit for them in terms of having to be provided with profit that is greater. It is likely seen in the statement above as they change the price and level for obtaining a maximize profit.

answer; vertical marketing system;

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o