Answer:
The correct answer is letter "B": a leftward shift of the demand curve because of the high price.
Explanation:
The equilibrium price represents the point at which buyers' demand and sellers supply face each other because both parties' needs are satisfied. If the price of a given product is higher than the equilibrium level, the quantity demanded is likely to decrease which directly implies a leftward move in the demand curve.
The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.
<h3>What is a federal budget?</h3>
A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.
This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.
Read more on budget here: brainly.com/question/13964173
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Answer:
Accrued: No; Disclosed: No
Explanation:
In accrual accounting an expense or revenue is only recorded when incurred and earned respectively.
In this instance there is a possibility of a safety hazard for manufactured product.
Since no claim has been made yet we do not accrued any amount.
The principle of full disclosure requires that a business discloses information that significantly influenced a business's financial statement.
No claims have been made on the safety hazard, although there is reasonable possibility a claim can be made and damages can be estimated.
For the business this is irrelevant to be disclosed as no claim has actually been mad that can affect the business.
Assets = Liabilities + Owner's Equity
$22,000 = ? + $5,000 Subtract the $5,000 from $22,000 and that gives you the liabilities.
($17,000)
Answer:
Option B. Implement process innovations that lower per unit costs
Explanation:
The reason is that the controlling cost will give cost advantage over the competitors and will let the company to compete at a better platform making greater number of sales and driving maximum sales which will also give economies of scale. Economies of scale is the benefits of additional costs savings that comes with the additional manufacturing of the product which means that greater the manufacturing the greater would be the savings of costs. So economies of scales give competitive advantage over the rivals so the correct option is B.