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Gekata [30.6K]
3 years ago
15

Value takes into account both benefits and price. If price remains the same but benefits increase, then __________. a. price wil

l likely decline soon. b. price will eventually go up. c. value will decrease. d. value will increase. e. value remains the same.
Business
1 answer:
Over [174]3 years ago
5 0

Answer:

The correct answer is letter "D": value will increase.

Explanation:

Economic value is the maximum amount an individual will pay for a given good or service. It is determined by the benefit and the price of a product. <em>As long as the benefits increase, so will the value</em>. The economic value is helpful at the moment of setting prices after which firms can make a profit.

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Answer:

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Other things the same, when the government spends more, the initial effect is that a. aggregate demand shifts right. b. aggregat
tatyana61 [14]

Answer: Option (a) is correct.

Explanation:

Correct option: Aggregate demand shifts right.

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Other things remains constant, if there is an increase in the government spending, as a result aggregate demand curve shifts rightwards. This will lead to increase the price level and level of output.

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5 0
1 year ago
Example of how this skill can make you valuable to potential employer of self and social awareness
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3 years ago
Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow
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Answer and Explanation:

According to the situation, the solution of journal entries are as follows

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Here, we debited the copyright as it increased the assets and credited the cash as it decreased the assets

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(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

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