As a business owner no I would not like that because having to pay my employees $15 a hour will make me make my items I sell more expensive and customers would not like that
The answer should be D if not it's A
Answer:
c
Explanation:
Because it is expected that the price of gold would fall next month, buyers would buy less gold in January. this would lead to a leftward shift of the demand curve.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
- a change in consumers' expectation
- a change in the taste of consumers
- a change in income
Answer:
D. conservative
Explanation:
Historical cost method relates to recording of assets at their historical i.e original cost instead of recording them at their increased/revalued values.
Such a method ensures compliance with law of conservatism or prudence which simply states, "do not anticipate a profit, but provide for all possible losses".
Preparing financial statements based upon historical cost assumption ensures reliability and avoids overstatement of assets. This means investors, government and other stakeholders can place better reliance upon credibility of such financial statements.
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