Answer: The answer is "b. LIFO is an income tax concept.".
Explanation: The statement "b. LIFO is an income tax concept." is FALSE because LIFO is a inventory method (first in, first out) in which the first products purchased will also be the first sold.
<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
Answer:
Invariably, the cost of the product will rise. A relatively increase in supply parts directly influences the price of a product.
Answer:
Check the following explanations
Explanation:
The Federal Reserve is responsible for making monitory policies in the US. When the interest rates are increased by the Fed Reserve it lead's to cascading effects in the economy as a whole, it lead to :-
- Increased cost of borrowings, which reduces investments.
- Higher mortagage interest payments, leading to reduced usage, fall in the house prices.
- Increased Returns on Savings, leading to less expenditure and high saving behaviour of the people.
- Currency Appreciation, due to increased demand of local currency at the international market.
- Higher Government Debt Intererst Payments.
