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3 years ago

Several firms are operating in a market where they take the other firms' response to their actions into account. This market is

Business

1 answer:

Gnesinka [82]3 years ago

8 0

Answer: An Oligopolistic market.

Explanation:

An Oligopolistic market is a market where they are very few supplies of a product and as such they charge higher prices due to the reduced competition.

In such a market the firms have to be very mindful of how their actions will impact that of their competitors because with such few competitors, they could easily lose customers if another oligopoly decides to change prices for instance.

They generally avoid doing so though because a price change by one will lead to a price change by others which would end up reducing the total amount that each firm makes as the prices will usually go downwards not up unless they collude.

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Simple interest is paid only on the .

jekas [21]

Answer:

Simple interest is paid only on the original amount borrowed.

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3 years ago

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List any additional information which will help in determining your professional qualifications for a position.

guapka [62]

Understanding the tasks required of the position is a necessity, as are any certifications that the job may need. In addition, listing references who have experience in the same or related fields can give an employer additional information that could bolster one's value in their eyes.

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3 years ago

During March, the production department of a process operations system completed and transferred to finished goods 27,000 units

klasskru [66]

Answer:

Cost per equivalent unit of material =$1.51

Explanation:

Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.

Equivalent units = Degree of completion × units

Items Equivalent units

Opening inventory 27,000×100% = 27,000

Fully worked 180,000× 100% = 180,000

Closing inventory 24,000× 100% = 24,000

Total equivalent units 231,000

Cost per equivalent unit of material = 93,800+254,000/231,000 units

6 0

3 years ago

PLEASE HELP ME

zloy xaker [14]

I would say b, c, and d

3 0

4 years ago

The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.

Igoryamba

The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.

Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.

It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.

In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.

Hence, the given statement is false.

Learn more about the Securities and Exchange Commission:

brainly.com/question/3798508

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2 years ago