Answer:
Option (b) is correct.
Explanation:
At selling price = $1 and No. of units sold = 75 cookies,
Total revenue = selling price × No. of units sold
= $1 × 75 cookies
= $75
At selling price = $0.50 and No. of units sold = 200 cookies,
Total revenue = selling price × No. of units sold
= $0.50 × 200 cookies
= $100
Therefore, there is a rise in the total revenue from $75 to $100 and hence, price elasticity of demand for sugar cookies is elastic.
Revenue and liability has influence on reported financial statements because;
- it understates liabilities
- it overstates revenues
<h3>What is revenue and liability?</h3>
Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.
However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.
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Answer:
b. E-mail facilitates collaboration between people in remote locations; however, when collaboration requires the exchange of large data files, it is often easier to use web-based collaboration software.
d. E-mail can be an efficient way to communicate, and it makes communicating across time zones much easier.
Explanation
Sentence B is correct because it employs the use of a semicolon to separate two independent clauses. The use of the conjunction, <em>however</em>, helps to separate two sentences that have opposite connotations.
Sentence D is correct because the conjunction, and, was used appropriately to add a second thought to the sentence. The comma was also used correctly as it spliced the sentence and was immediately followed by the conjunction, <em>and</em>.
A customer owns shares of restricted stock and now intends to sell them. if the proper forms are filed with the sec, the customer may sell these shares Over a 90-day period.
The stock exchange is a marketplace where securities, commodities, derivatives, and other financial instruments are traded. The central function of an exchange is to ensure fair and orderly trading and the efficient dissemination of price information regarding securities trading on that exchange.
The exchange enables businesses to raise capital and investors to make informed decisions based on real-time pricing information. An exchange can be a physical location or an electronic trading platform. Bitcoin He is like one stock and advisers do not recommend investing the majority of his portfolio in one company. Planners suggest that if you're passionate about Bitcoin, don't invest more than 1% to 10% in it at most.
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Answer:
Under capitalistic economy, allocation of various resources takes place with the help of market mechanism. Price of various goods and services including the price of factors of production are determined with help of the forces of demand and supply. Free price mechanism helps producers to decide what to produce.
The goods which are more in demand and on which consumers can afford to spend more, are produced in larger quantity than those goods or services which have lower demand. The price of various factors of production including technology helps to decide production techniques or methods of production. Rational producer intends to use those factors or techniques which has relatively lower price in the market.
Factor earnings received by the employers of factors of production decides spending capacity of the people. This helps producers to identify the consumers for whom goods could be produced in larger or smaller quantities. Price mechanism works well only if competition exists and natural flow of demand and supply of goods is not disturbed artificially.
Explanation:
