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Allushta [10]
2 years ago
10

The recording of transactions and events is called:.

Business
1 answer:
Vaselesa [24]2 years ago
8 0
Record-keeping.

Explanation:

The definition of record keeping is keeping records, or units of preserved information. This information can also be kept in books, which brings us to another term; bookkeeping.
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describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which sho
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A company in monopolistic opposition produces an allocatively green output degree even as a company in best opposition produces a productively green output degree.

The long-run equilibrium answer in monopolistic opposition usually produces 0 monetary income at a factor to the left of the minimal of the common overall value curve. The life of excessive limitations to access prevents corporations from coming into the marketplace even withinside the long run.  

Therefore, it's far viable for the monopolist to keep away from opposition and hold making tremendous monetary income withinside the long run. One feature of a monopolist is that it's far a income maximizer. Since there's no opposition in a monopolistic marketplace, a monopolist can manage the charge and the amount demanded. The degree of output that maximizes a monopoly's income is calculated through equating its marginal value to its marginal revenue.

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1 year ago
Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these
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Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrim. If the government establishes a
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Employment of low wage workers will decrease and which in turn increase the unemployment.

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Note: Options are missing so providing the direct answer

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