Simply divide the percentage change in the quantity demand with the percentage change in price, giving you a positive value of 0.5. This shows that it is inelastic and the two goods are substitutes to each other.
From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />
Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is an <u>fiduciary</u> who has a duty to act on behalf of Shelby.
A fiduciary is a person or organization which acts on behalf of another person or persons. Hence, they put their clients interests ahead of their own, with a duty to preserve good faith and trust. For instance, lawyers have a fiduciary duty to act in the best interest of their clients.
So Shelby hires Lynn, who is an attorney in order to represent her in an employment discrimination case. So Lynn act as an fiduciary who has a duty to act on behalf of Shelby and help her win the case.
Hence, a fiduciary is legally bound to put their client's best interests ahead of their own.
To learn more about a fiduciary here:
brainly.com/question/15198880
#SPJ4
Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
Answer:
Option (A) is the only accurate statement about a population regression model.
Explanation:
Option A is the only correct answer because ui is the stochastic component of Yi.
On the other hand, option B is incorrect. It would only be correct for a sample regression model. This is because alpha (α) and beta (β) have hats or caps on them. The hat shows that they are estimated values (estimated from the given/measured population values for Y and X).
In this duo-variable (two-variable) regression model, ui without a cap is the stochastic component of Yi.