Answer:
This results from a shift in the supply curve. For example, there is a severe drought that decreases the production of oranges, and therefore, the production of orange juice. The supply curve of orange juice will shift to the left, decreasing the quantity supplied at every price level. This generally increases the price of orange juice and decreases the quantity.
<span>Theories explain available phenomena based upon current evidence. These are typically set out in statements and use data and testable hypotheses as a way of backing these statements. While a hypothesis might only be used for a single concept or question, theories tend to be more broad-ranging. They are usually used to explain large concepts and groups of phenomena.</span>
Answer:
Indenture; convertibility provision
Explanation:
Indenture refers to a legal contract that bounds the bondholder and the issuer. This contract specifies important features of the bond like its type (convertible or callable), maturity date, interest payment time and rate. In other words, it includes all the terms and conditions related to the issue of bond.
One of the types of bonds is convertible bonds. Due to the provision of convertibility, these bonds can be converted to a stipulated number of common shares that are decided in advance.
Answer:
Option C is the correct answer..
A flexible budget is also known as a master budget is incorrect
Explanation:
A master budget is a term used for aggregation of all budgets prepared by all divisions.
