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gregori [183]
1 year ago
5

If the price of a good increases, all else the same, then the consumer's total utility will increase. decrease. remain the same

as consumption shifts to cheaper goods. decrease if there are no substitutes for the good and remain the same if there are substitutes for the good.
Business
1 answer:
AnnyKZ [126]1 year ago
6 0

When the price of a good increases, all else the same, then the consumer's total utility will decrease.

<h3>What is utility?</h3>

Utility simply means the satisfaction that's gotten when one consumes a particular product.

In this case, it should be noted that when the price of a good increases, all else the same, then the consumer's total utility will decrease. This is because less products will be bought.

Learn more about utility on:

brainly.com/question/24922430

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Since the company's pay scale meets the industry norm but does not exceed it, and the managers tend to stay at the same job level for a long time, then the company will score low on in a JDI survey in the area of pay satisfaction and promotion satisfaction.

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Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be (1) 3% of credit sales, (2)
Genrish500 [490]

Answer:

1.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $9,000

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Working

= 3% * 300,000

= $9,000

2.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $12,000

                        Allowance for doubtful accounts                              $12,000

Working

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= $12,000

3.

Date                   Account Title                                             Debit          Credit

Dec. 31             Bad debt expense                                    $12,500

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I hope this helps.

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Answer:

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