When supplies are endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down.
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
Answer:
$11000
Explanation:
Depreciation is the reduction in the value of an asset over time due to regular wear and tear. Straight - line depreciation is where the same amount is reduced every year over the life of the asset. It is calculated as (Cost of asset - residual value) / number of useful life years
= ($60000 - $5000) / 5 = $11000
Answer:
Is often gathered BEFORE primary data
Explanation:
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