Owner's equity at the beginning of the year is
Assets-liabilities
60,000−17,000=43,000
Owner's equity at the end of the year is
Beginning balance+revenues-expenses+additional investment-withdrawal amount
43,000+48,000−36,000
+8,000−9,000
=54,000
Owner's equity changed by
ending balance-beginning balance
54,000−43,000=11,000. ..answer
Answer:
The correct answer is letter "D": company that specializes in making replacement tiles for the space shuttle.
Explanation:
Market-dependent industries are those whose production relies on the manufacturing of another institution. This is a threat for the entity since if the other producers fail, the entity is likely to follow the same path. The situation is even worse when the manufacturing company produces rare or uncommon goods.
Therefore, <em>a firm producing replacement tiles for space shuttles is highly market-dependent since a few organizations worldwide require spare parts for space tiles, which is not a common product traded in the market.</em>
People going on strikes and boy cotting.
Hope this helps
Answer:
Wear and tear on vehicles leads to more recurrent replacements and repairs.
Explanation:
Traffic congestion can occur as a result of a lack of road capacity.
The causes of traffic congestion include overpopulation, frequent use of private cars, and inadequate public transport.
Traffic congestion may slow down the growth of metropolitan cities.
It also formulates economic geographies.
Wear and tear on vehicles leads to more recurrent replacements and repairs.
Answer:
B) If the firm does not exit the industry in the long run its demand curve will shift to the left.
Explanation:
This is because the statement "If the firm does not exit the industry in the long run its demand curve will shift to the left, " simply means that if the monopolistic competitive firm stays in a particular industry for long, the firm will experience a situation in which less of the good or service is demanded at every price.
However, this cannot be true because a monopolistic competitive firm produces unique products that tend to have its specific customers. These customers, in the long run, will demand more goods and services of the firms which will be affected positively by a lot of reasons including prices of related goods, increase in salary, better economy at large, etc.
