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Kipish [7]
3 years ago
7

In a market economy, supply and demand are important because they

Business
1 answer:
masya89 [10]3 years ago
8 0
All of the above are correct
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A company accepts a customer's order on November 30 and immediately delivers the goods to the customer. On December 1, the compa
Step2247 [10]

Answer:

A) November 30

Explanation:

Based on accrual principle of accounting, revenue is recognized when it is earned and not necessarily when cash is received.

Revenue is said to be earned when the obligation of the delivery of service or goods sold has been met.

As such, where a company accepts a customer's order on November 30 and immediately delivers the goods to the customer, revenue is said to be earned (and will be recognized ) on the day of delivery.

6 0
3 years ago
The Milestone Decision Authority is responsible for establishing the Critical Operational Issues (COIs) that will be addressed i
masya89 [10]

Answer:

False

Explanation:

6 0
3 years ago
The quality of information obtained from a request letter depends on the clarity of the inquiry. what techniques can you use to
WARRIOR [948]

For clarity, you should:

  • set an end date when appropriate
  • ask for a specific action
  • itemize information to improve readability
4 0
3 years ago
Assume you are the new marketing vice president at Mayo Clinic. The CEO and the board have decided to expand their international
Feliz [49]

Answer:

The reason for information assortment is to get data which will help in settling on vital choices. In the ebb and flow case, Mayo facility needs to extend their global deals income by 100 percent and they need to do statistical surveying before making any further strides with respect to extension. To complete statistical surveying they are different techniques for information assortment  

Secondary Data Collection

Inside Sources-Customer criticism will assist with deciding the client needs and deals record will assist with deciding the territories which needs improvement  

Outside sources-Business diaries, Business magazines and web will help in getting the PESTEL (Political, Economic, Social, Technological, Ecological, Legal) examination for a nation which will help in drawing an appropriate technique for development  

Primary Data Collection  

Poll It's one of the most mainstream strategy for information assortment where survey is sent to the respondents and respondents should fill the poll and sent it back to the concerned division. It's a minimal effort strategy and gives the capacity to cover huge topographical region.  

Telephonic Interviews - It's a less expensive choice than individual meeting technique and can be led by reaching tests on phone. It's a quicker method to contact enormous crowds and has high reaction rate.

8 0
4 years ago
Scenario 34-2. The following facts apply to a small, imaginary economy.• Consumption spending is $6,720 when income is $8,000. •
KengaRu [80]

A stock-market boom stimulates consumer spending by $550, and there is a small operative crowding-out effect.

Option A

<u>Explanation: </u>

Increasing consumption, i.e. further consumer spending, will result in increased overall demand for goods and services. Therefore, if spending decreases, i.e. if interest rates decline, demand will increase with development in technologies and increase output. And demand is going to rise.  

The rate of interest is falling, resulting in a higher real balance for the economy. This boosts aggregate demand, which improves revenue and spending efficiency. Often, the demand curve will change left if the money supply declines.

Effect of increasing public spending, Increased government budgets are likely to increase total demand (AD).

8 0
4 years ago
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