Answer:
Option b: Increase profits by shifting the demand curve for the product to the right
Explanation:
Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.
Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.
effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.
Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.
"Factor of Production" is the force that combine to make the production of products and services possible.
Explanation:
Factor of production involves land, labor, capital, and entrepreneurship.
Land:
The important factor is that it creates major revenue through oil, gases and other possible resources which can be obtained from the land.
Labor: Starting from the person who brought bricks to build the company till the top management of the company are part of the Labor factor.
Capital: A factor which implicitly support as a factor of production. Without capital there is no chances of production or providing wages.
Entrepreneurship: These are the brainstorms who plan and create product and sits at the top level and make production and service possible.
Answer:
Tyler pays its employees $400 for work done.
Explanation:
An accounting transaction is <u>a financial event that has occurred already</u> and can be recorded in an organization's financial statement.
In this case,<em> the statement "Tyler pays its employees $400 for work done" is an example of a financial transaction because it has already occurred.</em>
Different academic abilities, a lot of time and work
Answer:
Cash Basis and Accrual Basis
Explanation:
We be using the Cash Basis and Accrual Basis method to explain this
If we are going to use cash basis accounting system
the service revenue will = $105,000 while
Pool Expenses will = $80,000
If we are going to use accrual basis accounting system
the service revenue = $130,000 while
Pool Expenses = $85,000
