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zheka24 [161]
3 years ago
11

Suppose that the price of sushi take-out, a substitute, decreases in price. what will happen to the demand for chinese take-out?

Business
1 answer:
omeli [17]3 years ago
8 0
<span>Suppose that the price of sushi take-out, a substitute, decreases in price. What will happen to the demand for Chinese take-out? The demand for Chinese take-out will likely decrease as a substitute is cheaper. Those we are okay with substituting one item with another are often after the price the items sell out versus exactly what the want from the item. Since they are substitutes, more people will likely get the cheaper option, Sushi take-out. </span>
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Prior to recording adjusting entries, the Office Supplies account had a $363 debit balance. A physical count of the supplies sho
drek231 [11]

Answer:

Explanation:

The adjusting entry is shown below:

Office supplies expense A/c Dr $257

      To Office supplies                                  $257

(Being adjusted entry recorded in respect of office supplies)

Since in the question it is given that, the debit balance of office supply is $363 and the physical count show $107 unused supplies which mean it is of no use. So, the actual amount of office supplies would be calculated by applying an equation which is shown below:

= Office supplies debit balance - unused office supplies

= $363 - $107

= $257

Moreover, the office supply is shown in the balance sheet under the assets account. And, to find out the correct value of the office supply we debit the expense account and credit the asset account.

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3 years ago
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VladimirAG [237]

The research design evidently has  a problem with  <u>"validity".</u>


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3 years ago
The article discusses income inequality, and for some people this means a more equitable distribution of income is needed in the
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The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is p
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If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;

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2 years ago
Why does an organization's management hierarchy impact the organization's information system management?
JulijaS [17]

The organization's management hierarchy impacts the organization's information system management by reducing the need for information processing and communication.

Management Information System plays a very important role in the organization, as it creates an impact on the organization's performance, functions, and productivity.

The information systems have its impact on organizations structure. Thus, an information systems can reduce the number of levels in an organization by providing managers with information to supervise larger numbers of workers.

The information system performs certain important functions such as- coordination, and control, help employees analyze problems, support decision making etc.

Hence, the information system is important to the organization.

To learn more about information system here:

brainly.com/question/13299592

#SPJ4

5 0
1 year ago
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