Answer:
d. length of the time period.
Explanation:
The price elasticity of the supply measures the percentage change in the quantity supplied with the percentage change in price
In arithmetically,
The price elasticity of the supply = (percentage change in the quantity supplied ÷ percentage change in price)
It indicates a direct relationship between the quantity supplied and the price.
Moreover, the key determinant of the price elasticity of supply is time period
Answer:
A specific trade agreement would be the US - Colombia trade agreement, which was signed on 2006.
Explanation:
This trade agreement reduced 80% of tariffs that used to applied to goods exported from the U.S. to Colombia, and from Colombia to the U.S.
The agreement benefits consumers in both countries because it allows each country to specialize in the production of those goods that they do best, for example, coffee in the case of Colombia, and industrial goods in the case of the United States.
However, because the United States is a much more powerful country, with a higher level of development, consumers in the US have benefited more than Colombian consumers.
Answer:
The following applies:
1. expenses when incurred to generate revenue.
2. expenses even when cash has not yet been paid
3. revenue even when cash has not been collected
4. revenue when earned
Explanation:
Accrual basis is an accounting concept that recognizes revenue when earned when if the collection of cash will be done later.
It also recognizes expenses when incurred even though the cash has not been spent.
Accrual basis matches a transaction with when it happened.
It is different from cash basis which recognizes revenues only when the cash is received and expenses only when the cash has been spent.
Answer:
A) $15.50
Explanation:
MC = Change in Total cost / Change in output
The marginal cost of walking that 26th dog is = ($315.50 - $300) / (26 -25)= $15.50 / 1 = $15.50. So, Option A is the correct option
Answer:
C. She believes that research and testing are an integral part of providing consumers with safe products.
Explanation: cognitive dissonance refers to the mental conflict that occurs when a person's behaviors and beliefs do not align. It may also happen when a person holds two beliefs that contradict one another. Cognitive dissonance causes feelings of unease and tension, and people attempt to relieve this discomfort in different ways.
When cognitive dissonance is unaddressed in the workplace, it causes the following effect: Withdrawal and Disengagement: When employees are stressed out, they become inactive. A stressed employee would stop bringing up their ideas and if they remain in that job, the function in employment preservation mode.
