Answer:
The right approach is Option a (supply of the good).
Explanation:
- Supply would increase substantially of some more production. Increasing the income of established businesses wouldn’t rise, as there has been increasing competitiveness.
- This similar value of the product is likely to decline due to further fulfillment as well as the same requirement. Marginal costs would never be compromised.
Anyone else alternatives possible does not apply to the situation throughout the question. That's the right thing above.
Answer: 2 steps
Explanation: While calculating impairment of goodwill following steps should be taken :-
1.In the first step the fair value of the goodwill is compared with its carrying value.
2. In the second step, if the fair value comes to be lower than the carrying value, then it is concluded that there is an impairment and then it is computed accordingly.
Answer:
The correct answer is letter "D": you have experience related to the product.
Explanation:
The reference price is the price buyers are willing to pay for a given good or service based on different features of the product such as quality, availability and the type of need it satisfies compared to what competitors can offer.
<em>The real price of the product is considered adding the value individuals can provide to the good or service based on the interaction they have had with similar items</em>. Quality information might influence the reference price to be set.
