Answer:
D) There are few close substitutes for toothpaste.
Explanation:
Products that have a very low price elasticity (inelastic) ten d to be basic necessities and/or products that do not have many substitutes. For example, gasoline's demand is very inelastic since it is a basic necessity and its only substitute product is diesel (electric cars represent less than 1% of total cars, so electricity is not even a competitor).
The three main toothpaste brands in the US are Crest, Colgate and Sensodyne. Both Crest and Colgate are manufactured by Procter and Gamble, and GlaxoSmithKline manufactures Sensodyne. So there is really not very much competition since 8 out of 10 top toothpaste brands belong to the same company (P&G).
Answer: The economic life of a business can be divided into artificial time periods.
Explanation: As per the principal of continuity the existence of a company is perpetual thus to report the performance of the company to the stakeholders the existence of such company is divided into smaller periods and this method is termed as periodicity assumption.
This is not the app for this !!
Dress shirt dress pants (Black) and Black Shoes along with proper posture smile and good attitude i think is the answer to your question it does also depend upon the job for example if you were to go for an interview for a chef job you would wear black dress pants black shoes and your chef coat.
Answer:
B) Objectives 2 and 3
Explanation:
Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.
Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.
