In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increases in the market, the amount supplied increases). ... A change in any of these conditions will cause a shift in the supply curve.
Answer:
Decrease in net current financial resources other than from specified transactions.
Explanation:
An expenditure can also be defined as a payment or the incurrence of a liability in exchange for goods or services. Evidence of the documentation as a result of an expenditure made is shown in a sales receipt or an invoice. Organizations have to always maintain firm controls over expenditures, to prevent them from acquiring losses.
An expenditure is not the same thing as an expense, an expense represents the decrease in value of an asset, while an expenditure simply means the purchasing of an asset.
Answer:
The answer is False
Explanation:
Democracy identifies that people have the power to decide for themselves. However, since the populations are vast, the representative democracy allows citizens to elect officials to represent themselves and their needs and interests.
If elected officials are banned, then the Citizen's ability to govern themselves and participate in the planning process is prevented.
Answer:
False
Explanation:
In a command or planned economy, the factors of production are owned and controlled by the government. The government makes all the significant economic decisions such as production, distribution, and pricing.
The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices. The central government employs all workers. The private sector does not exist.
