Answer:
Dr Bonds payable 1,600,000
Dr Loss on redemption of bonds 36,800
Cr Cash 1,632,000
Cr Discount on bonds payable 4,800
Explanation:
Loss/gain on redemption of bonds = carrying value - cash paid = ($1,600,000 - $4,800) - $1,632,000 = $1,595,200 - $1,632,000 = -$36,800 loss
Answer:
Gottahave is a cereal brand. The company used to feature its mascot, an animated giraffe, in its TV commercials, to attract viewers' attention. Initially, viewers would watch the commercial. However, after they had been exposed to the commercial many times, they began to expect the appearance of the giraffe and tended to tune out the commercial. The consumers' response to this overexposure is an example of <u>habituation</u>.
Explanation:
Habituation is a diminishing in response to a stimulus after repeated presentations. For example, a new sound in your environment, such as a new ringtone, may initially draw your attention or even become distracting but after some time it might not draw your attention. This diminished response is habituation.
Answer:
A firm would shut down if its Current Price P < AVC (Current Price is less than the Average Variable Cost)
Thus, the condition for not shutting down of a firm is P > AVC (Current price is greater than the Average Variable Cost)
When AVC is less than $24, the firm will choose not to shut down because it is covering its variable costs at the current price
Answer:
The correct answer is C. A pure monopolist.
Explanation:
The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.
A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.
I would say a
<span>.increase in supply</span>
