The term collusion best fits which of the following descriptions?

a. a condition of the industry that falls between the extremes of monopolistic and perfectly competitive
b. a situation in which many firms act as price-takers producing a homogenous good
c. the situation in which firms act together to behave like a monopoly by holding quantity low and price high
d. a condition of the industry in which many firms compete to sell similar but differentiated products

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?