Answer:
False
Explanation:
What is a transportation company called?
- Courier companies are usually spin-offs from freight forwarders.
- There are various types of courier companies, such as airfreight courier companies or road couriers.
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Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
Answer:
The answer is: C) the elasticity of demand, where the shortages will be larger if demand is more inelastic.
Explanation:
When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.
Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.
If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.
Answer:
D), $8,574
Explanation:
The computation of the depreciation on the machine is shown below:
= Acquired value of the machine × depreciation rate for the first year
= $60,000 × 14.29%
= $8,574
Simply we multiplied the acquired value of the machine with the depreciation rate for first-year so that the correct amount of depreciation can come
Answer:
Event Proxy Corporation Debit Credit
Journal Entry
1 Investment in Server Corporation $133,500
Cash $133,500
2 Investment in Server Corporation $22,500
Income from Server Corporation $22,500
3 Cash $9,000
Investment in Server corporation $9,000
4 Income from Server corporation $3,000
Investment in Server corporation $3,000
