Answer:
True
Explanation:
The law of demand is an economics principle which states that the demand for goods or services will go up if prices reduce. This law argues that there an inverse relationship between the price and quantity demanded. The lower the price, the higher the demand. For example, if the price of bread goes up, then its demand will go down.
Answer:
Explanation:
The adjusting entry to record the credit losses is shown below:
Bad debt expense A/c Dr $45,000
To Allowance for doubtful debts $45,000
(Being bad debt is recorded)
The credit loss computation is shown below:
= Credit sales × estimated percentage
= $900,000 × 5%
= $45,000
For recording this transaction, we debited the expense account and credited the contra asset account.
Answer: low invol- Georgina Megan Dina
High invol Laura Charles jonny
Explanation:
<span>The step in designing a customer value dash–driven marketing strategy in which a company divides a market into distinct groups of buyers is known as market segmentation.
The business market and consumers are divided into subgroups that share common properties and characteristics.</span>
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
