An inferior good is one for which an increase <span> in buyers income causes</span> a decrease in demand.
Hope this helps !
Photon
Answer:
a) although both methods result in the same net increase or decrease in cash for the year, net cash flow from operating activities will be different under the two methods
Explanation:
Using the indirect method, computation of cash flow from operating activities begins with net income as shown in the income statement. The FASB also permits both methods but has expressed a preference for the direct method and the direct method shows the specific cash inflow and outflows for each operating activities of the business.
This option that does not align with the differences between the 2 methods is that the cash flow reported under direct and indirect method for operating activities would always remain the same notwithstanding the method used.
Answer:
C. impose barriers to entry with a copyright, which allows only the government to supply a good or service.
Explanation:
- The oligopolies is a market or industry where there exist small but large sellers and hence form an market competition and hence lead to higher prices to the consumers. As they have their market structures. Entry barriers include high investment and strong consumer liabilities.'
- Thus governments can set barriers to entry of these firm as to market only those goods and services that the government recommend fit for the sales
<u>TC</u> Units
$64,500 (High) 2,470
} $30,700 } 2000
$33,800( Low) 470
<u>VC</u><u> </u><u>per</u><u> </u><u>Unit</u><u> </u><u>=</u><u> </u><u> </u> 30 700 ÷ 2000 = $15.35
when 470 units are sold,( substitute vc per unit = 15.35)
TC = FC + VC
33, 800 = FC + ( 15.35× 470)
FC = $ 26 586
I would say false because 'personal' is in the name. Your work doesn't really need to know the exact details (might depend on the business tho).
