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DerKrebs [107]
3 years ago
15

What causes a liability to be credited and an expense to be debited?

Business
1 answer:
UkoKoshka [18]3 years ago
6 0
<span> Recording the accrual of salaries incurred.</span>
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One effect of a minimum wage in the market for low-skilled labor is a a. surplus of low-skilled labor.
fgiga [73]

Answer:

a a. surplus of low-skilled labor.

Explanation:

Minimum wage is a form of price floor. A price floor is the minimum price that a good or service can be bought.

Price floors (minimum wage ) is usually set above equilibrium price. This increases the supply of labour but decreases the demand for Labour. As a result , there would be a surplus of low skilled labour.

I hope my answer helps you

6 0
3 years ago
If a seller includes an express warranty in the written sales contract, any disclaimer is invalid.a. Trueb. False
valina [46]

Answer:

True

Explanation:

A disclaimer is a statement seeking to define the limits of a party's rights or obligation concerning a legally binding agreement.  In a warranty disclaimer, the seller will include a statement that explains conditions or situations in which the warranty will not apply. The seller discharges themselves from any liabilities that the buyer may incur should an incident detailed in the warranty disclaimer arises.

Disclaimer warrants are allowed and legal. No law demands that the seller offer any form of warranty. However, a disclaimer warrant cannot be issued where an implied contract applies. For example, if you buy a fridge, you expect it to keep food items cold. A disclaimer statement in the sale of the fridge stating that the seller will be not responsible if the refrigerator cannot keep things at low temperatures is illegal.

3 0
4 years ago
When a product spreads through the population, it is called the?
Fiesta28 [93]

The answer is diffusion of innovation. This type of theory or process has the aim of having to influence other people in regards with the ideas that they have formulated in which are new. These ideas are being spread out with the use of innovations.

7 0
4 years ago
Which lawmakers must be at least 30 years old and u.s. citizens for at least nine years?
earnstyle [38]
U.s Senators are required to be 30 years old and a u.s citizen for at least nine years
5 0
4 years ago
According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____. rises; de
iren2701 [21]

Answer:

rises; demanded falls

Explanation:

The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.

The aggregate demand curve is negatively sloped.

Please check the attached image for a graph of the aggregate demand curve.

I hope my answer helps you

3 0
3 years ago
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