Complete Question:
Which of the following is correct?
a. Short run fluctuations in economic activity happen only in developing countries.
b. During economic contractions most firms experience rising profits.
c. Recessions come at irregular intervals and are easy to predict.
d. When real GDP falls, the rate of unemployment generally rises.
Answer:
d. When real GDP falls, the rate of unemployment generally rises.
Explanation:
Real Gross Domestic Products (GDP) measures economic activity and income in a particular country.
Consequently, when real Gross Domestic Products (GDP) falls, the rate of unemployment generally rises because the total market value of goods and services in that country has fallen.
Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
Inventory carrying cost means total expenses incurred while storing an unsold good.
<h3>What is
Inventory carry cost?</h3>
Basically, an Inventory carry cost means the total holding cost for holding an inventory which includes the cost of capital, warehousing, depreciation, insurance, taxation, obsolescence, opportunity cost.
In other word, the Inventory carrying cost means the total expenses incurred while storing an unsold good.
Read more about Inventory carrying cost
<em>brainly.com/question/25817334</em>
Answer:
Unearned Revenue $500
To Service Revenue $500
(Being the revenue earned is recorded)
Explanation:
The journal entry to record the revenue earned is shown below:
Unearned Revenue $500
To Service Revenue $500
(Being the revenue earned is recorded)
For recording this given transaction, we debited the unearned revenue and credited the service revenue so that the correct posting could be done
Plus, we ignored the advance received amount as it is not relevant
Since Noriko has just joined the gym, but not really a
beginner to exercising since he started 3 months, he must be given moderate
exercise schedule. The recommended program would be:
Cardio: 30 min run M/W/F
Weight: 2 sets/6 reps Tu/Thurs/Sat
Stretch: 3 reps/20 sec each, M/W/F
