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2 years ago

15

This graph shows the market for pollution when permits are issued to firms and traded in the marketplace. The equilibrium number

of permits is

1 answer:

DiKsa [7]2 years ago

8 0

Please attach the graph if you can. Otherwise, I cannot answer this question

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Which of the following describes accrued revenue? (Check all that apply) Multiple select question. The adjustment causes an incr

vaieri [72.5K]

Answer:

The adjustment causes an increase in an asset account and an increase in a revenue account.
Accounts receivable is usually increased when accruing revenues.
They refer to revenues that are earned in a period, but have not been received and are unrecorded.
They refer to earnings which have been earned but not yet billed.

Explanation:

Accrued revenue refers to cash earned for selling a good or delivering a service yet the cash has not been received and the transaction was not recorded in the books as revenue. This means that the cash has been earned but it has not been billed to the customer it was earned from.

When the books are being adjusted for this, the accounts receivable - which is an asset account - will increase to show that cash is owed. Revenue will also increase as this was cash earned from delivering a good or service.

6 0

2 years ago

Mark avoids high-end brands as he considers them expensive. However, during one of his shopping trips, he notices that a luxury

balandron [24]

Answer:

<em>Just Meaningful Difference </em>

Explanation:

The Just meaningful difference , or simply JMD, Symbolizes the slightest amount of stimulation shift which would impact consumption and preference of consumers.

Example will include, when a price of a can of soda increases slightly from $2.36 to $3.28

8 0

2 years ago

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied;

GarryVolchara [31]

...... conversely, especially good weather would shift the SUPPLY CURVE TO THE RIGHT. Supply curve shifting to the right means that productivity is increased. An increase in agricultural productivity will leads to increase in supply of agricultural products which in turn will results in decrease in price for the products.

3 0

3 years ago

Why do most economists believe that it is important for a country’s central bank be independent of the rest of the country’s cen

ohaa [14]

Answer:

For economists is important to avoid political interferance in the monetary policy. Populist governments often use the creation of money to justify their political programs, causing inflation and distortions on the market.

In the last report of FOMC is highlighted the behaviour of market labour and the lower expectations of inflation.

Explanation:

There are two tools commonly used in political economy to finance government programs: taxation and paper currency print. When the central bank is not independent, the government has an incentive to print money to fund their programs, causing inflation. In economic science has been demonstrated that inflation is always caused by monetary phenomena.

5 0

2 years ago

Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and me

vazorg [7]

Answer:

Budgeted amounts: June July August

1. Purchases $1,480,000 $1,570,000 $1,220,000

2. Cost of goods sold $1,240,000 $1,770,000 $1,190,000

Explanation:

The computations are shown below:

1.

Budgeted amounts: June July August

Ending accounts payable $130,000 $300,0000 $120,000

Payments on account $1,500,000 $1,400,000 $1,400,000

Subtotal $1,630,0000 $1,700,000 $1,520,000

Beginning accounts payable ($150,000) ($130,000) $300,000)

Purchases $1,480,000 $1,570,000 $1,220,000

2.

Budgeted amounts: June July August

Beginning inventory $260,000 $500,000 $300,000

Purchases $1,480,000 $1,570,000 $1,220,000

Cost of goods available for sale $1,740,000 $2,070,000 $1,520,000

Ending inventory (500,000) (300,000) (330,000)

Cost of goods sold $1,240,000 $1,770,000 $1,190,000

7 0

2 years ago