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3 years ago

An increase in the number of buyers in a particular market for a good will result in a ___________________ for that good.

Business

1 answer:

Vesnalui [34]3 years ago

8 0

Answer: Rightward shift in the demand curve.

Explanation:

If the number of buyers in a particular market for a good increases then as a result demand for that good also increases and there is a shift in the demand curve for that good because demand for a good is also determine by the number of buyers in a market. So, there is an increase in the equilibrium price level and in the level of output.

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Identify the following questions as most likely to be asked by an internal or an external user of accounting information

shtirl [24]

Answer:

The answer is:

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

Explanation:

Internal users of accounting information are people within a organization who use the accounting information for decision making. Examples of are the management and employees. External users are people that are not within the organization. Examples are government, the public, banks, potential investors etc

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

5 0

2 years ago

Trinity College sold season tickets for the 2019 football season for $400,000. A total of 8 games will be played during Septembe

Softa [21]

Answer:

Trinity College sold 8 Games of ticket in $400,000

Till October 31 the game sorted out = 5 for example (2+3)

Measure of unmerited income on October 31

Unearned ticket revenue = (Amount received in advance × remaining month) / total month

Unearned ticket revenue = ($400,000 × 3) / 8

Unearned ticket revenue = $150,000

Adjusting Journal entry on October 31:

Debit: Unearned revenue = $250,000

Credit: Revenue = $250,000

(To record transfer of unearned revenue, to revenue account)

3 0

3 years ago

Read 2 more answers

CASE STUDYBUSINESS LAWAnderson Darragh, a real estate agent for RE/MAX, informed Bryan Thomas, a real estate developer, that he

Doss [256]

Based on legalities, Thomas has the right to refuse payment of the 8% commission to RE/MAX because he already stated his refusal during the meeting with Darragh nor did he sign the document that Darragh gave him during the meeting. Thus, there was no meeting of minds.

Darragh is entitled to be given a reimbursement for his expenses incurred in securing documents that he willingly gave to Thomas. He can also ask Thomas for a recompensation for his labors but it will be according to Thomas's discretion.

Darragh can't claim that he worked on implied consent from Thomas because Thomas specifically stated his refusal in paying for the 8% commission during their meeting but Darragh did not stop to renegotiate the commission nor convince Thomas to accept the contract.

6 0

2 years ago

The normal rate of return on equity capital is also known as

exis [7]

The normal rate of return on equity capital is also known as the opportunity cost of capital

8 0

2 years ago

Gross profit is equal to a. sales plus cost of goods sold b. sales less selling expenses c. sales less cost of goods sold d. sal

alexdok [17]

Answer:

sales less cost of goods sold

Explanation:

Gross profit is the profit earned after after deducting the costs of goods sold from revenue

I hope my answer helps you

8 0

2 years ago