Answer:
Assets increase by $5,000 increase, equity decrease by $5000
Explanation:
The accounting equation is expressed as below.
Assets = Liabilities + shareholders equity
- Assets are valuable items that the business owns.
- Liabilities are the debts of the business.
- Shareholder equity is the owner's capital, plus the retained earnings.
The transaction by Celery Company involves buying supplies valued at $5000 by cash.
- Since celery paid cash, no liabilities were incurred. The shareholder money (Equity) decreased by $5000.
- Supplies worth $5000 were acquired. The suppliers belong to the business; they are valuable items( assets) to the business.
If the demand for product x is inelastic, a 15 percent decrease in the price of x will: Reduce by more than 15 percent the amount of X that is being requested. Reduce by less than 15 percent the amount of X that is being requested.
This is further explained below.
<h3>What is the inelastic market?</h3>
Generally, An economic concept known as inelastic refers to an item or service's static quantity when its price varies. When a product's price increases or decreases, customers' purchasing patterns are said to be inelastic, which indicates that neither change affects the other.
In conclusion,If there is no elasticity in the demand for product x, then a price reduction of 15% for product x will have the following effects: The quantity of X that is being requested should be decreased by more than 15 percent. The quantity of X that is being sought should be decreased by more than 10 but less than 15 percent.
Read more about the inelastic market
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1) by providing affordable medical care
Answer:
The correct answer is letter "A": product.
Explanation:
The marketing mix is a strategic analysis of the internal factors of a company and developed especially to firms. (Four) are the variables considered for a business: <em>product, price, place, </em>and <em>promotion</em>. The product involves the good or service the organization intends to offer and all the quality and legal implications.
Answer:
The answer is; when a firm invests resources in a foreign land or country
Explanation:
Foreign Direct Investment (FDI) takes place when an investor establishes foreign business operations or acquires foreign business assets in a foreign company.