Answer:
a. $6468
Explanation:
Calculation for the amount of the check
Based on the information given we were told that Oriole Company sells merchandise on account for the amount of $7800 to Sunland Company with credit terms of 2/13, n/30 in which Sunland Company returns the amount of $1200 of merchandise that was damaged which means that the amount of the check will be calculated as:
Amount of the check=[($7,800 - $1,200) *(100%-2%) ]
Amount of the check=$6,600*0.98
Amount of the check=$6,468
Therefore the Amount of the check will be $6,468
Answer:
(a) Work/leisure choice
(b) Marketing strategy
Explanation:
Microeconomic issues relate to those that are within the scope and power of individuals, households and firms which means that problems here will relate to decisions that these participants make in relation to resource allocation.
Choices relating to leisure or work have to do with the individual and the resources they would need or derive from either work or leisure and so are a microeconomic problem.
The marketing strategy that a firm should pursue is related to an individual firm and so is a microeconomic problem as well.
Answer:
He is used to paying less for other things. He expected the glasses to be cheaper.
Answer:
The quantity supplied will increase which explains the shape of the supply curve
Explanation:
There is a positive direct correlation between price and quantity supplied. When the price of a commodity increases, producers are motivated to increase the supply of their commodities in order to earn higher prices. Similarly, when the price of the commodity falls, producers will supply less of the commodity since the commodity will be less profitable.
If the choices are the following,
a. The sophisticated city look that reflects his business life.
b. Barefoot and serene tropical decor to reflect the lifestyle he wishes he had.
c. Plain, non-stylized environment, neither city nor tropical, so that he won't be reminded of his conflicts.
d. Redefined traditional look with one or two large tropical accessories.
then, choice (b) is correct. Since he wishes to live on a tropical island, it would be best if the decorating plans fit his wishes. By that, he relieves himself from the stress of city life.