Answer:
Relative elastic
Explanation:
Elastic demand means that quantity demanded is sensitive to price changes.
A small change in price leads to a greater change in quantity demanded
Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
Answer:
The journal entry for recovery is shown below:
Explanation:
When the company, determine that it could not collect the amount, then the entry which should be recorded is:
Accounts receivable A/c..........Dr $66,000
Bad debts expenseA/c........Cr $66,000
But on October 30, the company received the full amount from the customer, then entry for recovery of the bad debt is as:
Cash A/c.................................Dr $66,000
Accounts Receivable A/c.......Cr $66,000
Based on the provided information, the motivation for using a mobile application is socializing.
<h3>What is a Mobile app?</h3>
Mobile app can be regarded as computer program that is been run on mobile tablet for various purposes.
Therefore, Flipboard app on his or her smartphone to get full-screen magazines, multiple news serves a social propose.
Learn more about Mobile app at;
brainly.com/question/917245
Answer: Consumerization
Explanation:
Consumerization is the impact that consumer originated technologies will have on enterprises. Consumerization reflects how companies will be affected, and can take advantage of, latest technologies and models which improve in the consumer space,
In consumerization, new information technology emerge first in the consumer market and later spreads into firms and government organizations. .