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stich3 [128]
3 years ago
5

Good and bad studyhabbits and an example of each?

Business
1 answer:
kolbaska11 [484]3 years ago
3 0
Good habits:
Be organized- Have all materials needed in study area
Bad Habits:
Do not leave harder or more challenging question for the last- knock out easier assignments early when you are fresh
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The basic model of pure competition reviewed in this chapter finds that in the long run all firms in a purely competitive indust
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If all firms only earn a normal profit in the long run, firms will develop new products or lower-cost production methods because they can innovate and possibly earn an economic profit in the short run.

Explanation:

Competition involves constant efforts by companies and executives to do more than the loss (normal gains) of new goods or by improving ways to manufacture current products at lower prices. Therefore, if businesses can invent, they will achieve short-term economic advantage.

Economic benefit encourages entry, economic losses lead to exit and firms in a highly profitable market earn little economic income in a long-term equilibrium. In an industry where inflation does not change the costs of materials (a market with a constant cost), the long-term supply curve is a horizontal line.

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3 years ago
Judy is a cash basis attorney. This year, she performed services in connection with the formation of a corporation and received
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Answer:

Judy must recognize $4,000 of gross income from the stock for the current year.

True

Explanation:

When you receive stock in lieu of cash for payment for services rendered. you'll first owe income tax based on the value of the stock at that time.

5 0
2 years ago
Which of the following is true of source documents in an accounting information​ system?
MA_775_DIABLO [31]

Answer:

a. Source documents provide control and reliability in an accounting information system.

Explanation:

The source documents are the documents that support all types of business transaction. It can be in terms of bank statement, purchase order, sales order, supplier invoices, etc. It can also known as vouchers

With the help of the source documents the accounting system provides the reliable and controlling of transactions

This is the first step to verify the transactions after that recording, posting of transactions could be done.

3 0
3 years ago
Competition between the firms leads to greater marketing expenses. <br><br> a. True<br> b. False
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True. With competition in a market, firms have to compete to stay ahead of the others
5 0
2 years ago
Which education level has the highest return on investment (roh)?
kotegsom [21]
Any level of education is very important in all aspect however the first degree is the most important and with the highest return on investment. The first degree is undergraduate degree.
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3 years ago
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