This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices.
Answer:
C. Letter C; demand exceeds supply, resulting in a shortage
Explanation:
I had put my answer as A on the test and got it wrong. But this is the correct answer C.
Your answer should be C :)
good luck
Answer:
$4,330
Explanation:
the amount that needs to be depreciated = purchase price - residual value = $193,000 - $19,800 = $173,200
depreciation per year using straight line method = $173,200 / 10 = $17,320
depreciation per month = $17,320 / 12 = $1,443.33 per month
we must record 3 months of depreciation expense = 3 months x $1,443.33 per month = $4,330
December 31, 2021
Dr Depreciation expense 4,330
Cr Accumulated depreciation - machinery 4,330
Answer:
e. A differential benefit
Explanation:
Differential benefits are the unique features, properties or characteristics a product possesses that made it stand out in the market place from other like products produced by competitors. This is very important for businesses operating in an industry with high completion. Ability to compel or attract customers to be loyal to your brand by making them see reasons why they should as expressed in the uniqueness of your product is very important for success.
