Answer:
Option c. the demand curve for pants to shift down by $5.
Explanation:
Option C is the correct answer because tax levied on the buyer will increase the price of pants. Thus, as per the law of demand or law of demand states that there is an opposite relationship between the price of commodity and quantity demanded. The levied tax on the buyer will induce the buyer to demand less. Consequently, the demand curve shift downward.
The model that best fits the given situation is exponential
<h3>
what is an Exponential Function?</h3>
Exponential function, in mathematics a relationship of the form y = 
, where the independent variable x extends over the entire real number line as an exponent of a positive number a. The most important exponential function is y = 
.
Here,
The value of a classic car = $50,000
It is increasing in value by 5% per year.
So, here we have a = 50,000 and x = 5%
The function is increasing.
b = 1+5%
b = 1+0.05 = 1.05
Hence, the function that describes this situation is given by:
To learn more about Exponential Function from the given link
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Answer:
Net Accounts Receivable will be understated.
Explanation:
Any uncollectible accounts receivable are unpaid debt by customers and constitute a bad debt expense for the company. As a result of not taking into account uncollectible customer accounts, overstating accounts receivable understates a company's bad debt expense.
Accurate data entry speeds the correct payment of claims and lessens the chance of federal audit. Federal audit clearinghouse operates on behalf of the office of management and budget. its primary functions includes, distributing single audit reporting packages to federal agencies, support OMB oversight and assessment of federal award audit requirements, maintain a public database of completed audits and help auditors and auditees minimize the reporting burden of complying with single audit requirements.
Answer:
A)Market value
Explanation:
The market value ratios can be regarded as the financial metrics that are engaged in evaluation of worth of stocks of the companies that trade publicly. The ratio helps the investors to know if the price of prevailing market share is in sync along with the performance of the company. It should be noted that The ratio that measures how much an investor is willing to pay for a dollar of earnings is known as a market value ratio.
