Answer:
d. synonyms for price.
Explanation:
All the stated items (attorney fees, entrance fees, train fares, and organisation dues) are all prices.
Price is the amount that is paid for a particular good or service performed.
When fixing a price usually there is an offer and acceptance of the amount to be paid for goods or services.
Also payment can be made upfront like the case of train fare. While in other instances payment may be deferred as is seen in attorney fees and organisation dues.
Price can also change when one party grants concession to the other, for example loan rebate where the debtor is given price relief.
Answer:
Alberich Jewelers
The gross profit that Alberich should report is 760.
Explanation:
a) Data and Calculations:
Cost of gold ring purchased first = $640
Cost of gold ring purchased next = $720
Cost of gold ring purchased recently = $750
Sale of one gold ring = $1,400
Using the FIFO method of inventory, the gross profit for the gold ring sold is based on the first gold ring purchased, as follows:
= Sales Revenue - FIFO cost of inventory
= $1,400 - $640
= $760
Answer:
Equilibrium quantity will increase; Equilibrium price is ambiguous.
Explanation:
If the government removes a tax on the production of beer then as a result the producers of beer will increase their production level and this will increase the supply of beer in an economy. Therefore, there is a rightward shift in the supply curve of beer.
Simultaneously, the students are ready to party in the new quarter which indicates that the demand for beer increases. This will shift the demand curve for beer rightwards.
As a result of these shift in the demand curve and in the supply curve of beer, the equilibrium quantity of beer increases and the effect on equilibrium price of beer is ambiguous because that will be dependent upon the magnitude of the shift in the demand and supply curve.
Answer:
SWOT analysis.
Explanation:
SWOT analysis is also called the SWOT matrix and is strategic planning used by organisations to identify strengths weaknesses, opportunity, and threats while carrying out business in a competitive environment.
SWOT analysis is designed in such a way that it is most effective at the preliminary stage of planning a business strategy.
It is primarily used to set organisation objectives and to identify internal and external factors that will influence the set objectives.
People migrating from other countries couples having more than two babies
