a. Incentive to work increase
b. This change increase efficiency but decrease equality
Explanation:
a. Reduction of welfare benefits period increasing employment opportunities. Job prospects are diminished now (profit).
b. This bill reform would reduce the distortion created by the benefit program (disincentive to work) and thus improve efficiency.
At the same time, though, the move will reduce the Program's effect on poverty reduction and indirectly on social inequality.
The reform can therefore represent a balance between productivity and equity.
Word of mouth is the most persuasive and valuable method of promoting products and services.
<h3>What is Word of mouth communication?</h3>
Word of mouth is the process where information is passed from one person to another by using oral communication, or mouth which can be as simple as telling someone about clothe .An example of word of mouth communication is story telling and it is where one person tells others a story about a real event or something made up.
Therefore, Word of mouth is the most persuasive and valuable method of promoting products and services.
Learn more about word of mouth here.
brainly.com/question/26152499
Answer:
Using the Direct Write-off method means that bad debts are removed from the Accounts Receivable as they occur instead of using an Allowance account.
Bad debts will be debited as this is an expense. Accounts Receivable will be credited to reflect that the account is reducing in value.
The relevant journal entry will therefore be;
DR Bed Debts $650
CR Accounts Receivable $650
Answer:
A surplus (or excess demand) of about 8 units
Explanation:
The picture attached shows the diagram necessary for the question which is part of the question. Solution is given below;
At the above ceiling at price of 40$
Quantity supplied will be 16
Quantity demanded will be 24
So when demand is more than supply than there will be a shortage in quantity by (24-16) 8 units.
When there is demand more than supply than it is an excess demand.
So surplus or excess demand by 8 units.
