Answer: a) an increase in the Equilibrium price of "regular" cars.
Explanation:
It is stated that the automobile companies use their inputs to make either the <em>hybrid cars</em> or the <em>regular cars</em>.
If the price of the <em>Hybrid cars</em> rises sharply, Automobile companies will make more <em>Hybrid cars</em> so as to take advantage of the situation and make more profit.
This would reduce the amount of inputs that they have available for <em>regular cars</em> and so they will make less <em>regular cars. </em>
As this supply of <em>regular cars</em> decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.
Answer:
A potential obligation that depends on a future event arising from a past transaction or event
Explanation:
A contingent liability is a potential obligation that depends on a future event arising from a past transaction or event.
Contingent liability are usually recorded in the financial statements if :
A. The contingency is likely to occur
B. The amount can be estimated.
I hope my answer helps you
The blank spaces will be filled by these words:
1) U<span>npredictability
2) Change
Scenario planning or as is alternatively called Scenario thinking, is a vital planning strategy which is used by some associations to make adaptable long term plans. It is an adjustment and adaption of classical techniques used by military intelligence.
</span>
Answer:
D) $801
Explanation:
Businesses can only deduct $25 per gift per client, in this case the client's wife is not an actual client, so Sue can only deduct $25 for the gift plus the wrapping expenses. She can also deduct the $400 spent in the calendars and the $370 watch.
Sue's total deductions = $25 + $6 + $400 + $370 = $801