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Rasek [7]
3 years ago
6

Firms must consider the possible reaction of rivals to their own decisions and actions in

Business
1 answer:
Dmitry [639]3 years ago
5 0

Answer:

The correct answer is oligopoly.

Explanation:

An oligopoly is a market structure in which there are a few firms that are dominant in the market. These firms may produce identical or differentiated products.  

Because of a few firms in the market, the firms are interdependent on each other. Market decisions of a firm affect its rivals.  

That is why before making their own decisions, the firms have to consider the reaction of their rivals.

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What impact did technology have on modern medicine?
Mashutka [201]
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Whether we are talking about transportation, communication, security, banking or healthcare, they all rely on technology in one way or another.
But nowhere is this immense impact more apparent than in the field of medicine and healthcare.
Technological breakthroughs are revolutionizing the way healthcare is being delivered.Modern technology has changed the structure and organization of the entire medical field.
From widespread adoption of electronic medical records, to advances in bio-medical engineering and technology, modern healthcare and its delivery methods are changing at an ever increasing rate. But what impact will these changes have on medicine and overall care delivery?
4 0
3 years ago
At May 1, 2020, Sheridan Company had beginning inventory consisting of 190 units with a unit cost of $7.30. During May, the comp
s2008m [1.1K]

Answer:

$6.71 per unit

Explanation:

The computation of average cost method is given below:-

Beginning Inventory

= 190 units × $7.30

= $1,387

Purchases

= 720 units × $7.30

= $5,256

Purchases

= 590 units × $5.80

= 3,422

Total units = 1,500

Total cost = $10,065

So, average cost per unit

Total cost ÷ Total number of units

= $10,065 ÷ 1,500

= $6.71 per unit

Therefore, to calculate the average cost per unit for May we simply divide 10,065 from 1,500

7 0
3 years ago
There are three parts to an osha inspection what are they?
azamat

The three parts to an OSHA inspection includes below:

<span>1.      </span>The Opening conference

An opening conference is a short discussion wherein the inspector of OSHA will describe the inspection purpose.

<span>2.      </span>Walkaround

The walkaround is defined as the real-time inspection. The official from OSHA, accompanied by the applicable affiliate of the worksite, will visit the premises to check the working conditions if the employer is compliant with the requirement of OSHA and detect any violations if there’s any

<span>3.      </span>The Closing conference.

<span>During this conference, the inspector will have their conclusion in their walkaround. They will release any violations and hazards noted during their inspection.</span>

5 0
3 years ago
Read 2 more answers
When purchases of merchandise are made for cash, the transaction may be recorded with the following entry *
Zepler [3.9K]

Answer:

Dr Merchandise Inventory Cr Cash

Explanation:

Based on the information given in a situation where purchases of merchandise are made for cash the transaction will be recorded in the journal entry by debiting Merchandise Inventory and Crediting Cash reason been that MERCHANDISE are current asset and Secondly merchandise are anticipated to be either sold out, used or turn them into cash within a period of one year, although it sometimes depends on the method of payment in which the merchandise was been paid for , which is why we have to Debit Merchandise Inventory Account and Credit Cash Account.

Hence:

Journal entry

Dr Merchandise Inventory

Cr Cash

3 0
3 years ago
Suppose the banking industry just released a major annual report which indicated that the demand for housing increased by nearly
evablogger [386]

This increase in demand affect the demand for home loans does Demand shifts to the right

Explanation:

A change to the right in the price curve shows an rise in production. This may be attributed to many reasons, including an rise in wages, an improvement in replacement rates or a decrease in a supplement's demand.

Factors such as average income and expectations that shift to the right or to the left of an entire demand curve. This makes it possible to allow a larger or lower quantity at a specific price. Paribus presumption Ceteris. Market curves compare the demanded prices and quantities given no adjustment is made.

7 0
3 years ago
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