Answer:
$1,900
Explanation:
Calculation for what Peterson would show as a deferred revenue account for the gift cards with a balance of:
Deferred revenue account=$2,850+($285+$665)
Deferred revenue account=$2,850-950
Deferred revenue account=$1,900
Therefore At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of:$1,900
When society produces the combination of goods and services on the PPF that it values the most highly, society has Allocative efficiency. PPF is defined as the public provident fund, and Allocative efficiency<span> is the point in which the preference of the product consumption is balanced in production levels in an economy. This is specifically related to the benefit of a product or service being equivocal to the cost of making it, directly reflective of consumer preferences.
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Answer:
Ready to eat cereals is an example of a regular purchased product.
Explanation:
Ready to eat cereals are segment to attract different kind of customers: children (those cereals with packages covered with cartoons and animals), different kind of adults (like sportive or fit people: all those cereals with extra fiber and low sugar), teenagers (cereals with a package cover with some teen star), etc.
The segmentation takes into account not only the ages of the custumers, but also their kind of life, which is reflected into the package and the merchandise related to it.