Answer: Computer monitor
Explanation:
A complementary good is a good that's used together with another good. A good example of a complementary good is a car and petrol since they are used together.
A complementary good for computer hard drives would be the computer monitor. The monitor simply looks like a television and it helps in showing the information which is being displayed.
Answer:
The correct answer is letter "B": potentially useful in forming economic policy.
Explanation:
Economic models are abstractions that try to simplify phenomena of the real world. Economic models are the assumption that economists make to understand the diverse economic events that occur. Those models could be theoretical or mathematical in some cases.
<em>Economic models can help governments establish economic policies based on facts of the environment and the variables affecting that community.</em>
Answer:
Showcase stores are stores that display their products in a way that makes it easy for customers to determine what products are available.
Explanation:
Department stores are large stores with various assorted products and they adopt different approaches for selling their products to customers which include retail branding and showcase stores.
In a showcase store, <u>a variety of products available in the store are displayed for customers to see</u>, so they know what the store has available. These products that are showcased are not actually the ones sold.
The retail branding approach involves a large department store owning or controlling several <u>smaller retail outlets with unique brands through which it sells its specific products.</u>
<u>A well branded retail outlet connects better with target customers </u>and provides a more attractive option when they have to choose between competing brands.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $388,000
Service charge expense A/c Dr $12,000
To Account receivable A/c $400,000
(Being sale is recorded)
The service charge is an expense that is why it is debited and it is computed by
= Sales × service charge
= $400,000 × 3%
= $12,000
Since the sales is made so the company would received the cash that is why we debited the cash account and credited the accounts receivable account
