Answer:
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Answer:
Inelastic; elastic
Explanation:
Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.
Answer:
The correct answer is B. The situation should be described in a note to the financial statements.
Explanation:
The notes to the Financial Statements represent clarifications or explanations of facts or situations that are quantifiable or not that are presented in the movement of the accounts, which must be read together to the Financial Statements for a correct interpretation. They also represent important information for investors who wish to buy shares of a company through the Stock Market, since they generally show relevant information to consider that will determine the behavior of the value of the shares.
The notes to the financial statements represent the dissemination of certain information that is not directly reflected in those statements, and that is useful for users to make decisions on a clear and objective basis. This does not imply that these explanatory notes are a financial statement, since according to current regulations they are not, rather they are an integral part of them as part of the analysis, and their presentation is mandatory. On the other hand, these notes represent disclosures applicable to balances of transactions or other significant events, which must be observed to prepare and present the financial statements.
Answer:
microeconomics
macroeconomics
macroeconomics
macroeconomics
microeconomics
microeconomics
Explanation:
Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.
Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources