Answer: A perfectly inelastic supply curve means that<u><em> the quantity supplied is completely fixed.</em></u>
Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.
<u><em>Therefore, the correct option in this case is (e)</em></u>
Answer:
Letter E is correct. <u>Product disapprobation.</u>
Explanation:
In this matter, we can say that the factor that probably dictated the adaptation of Greengens products in this scenario was the product's disapproval.
This failure of the chocolate company Greengens was due to some management error and analysis of the market in question. When entering an international market, the company must analyze a series of important variables for the product to be accepted by the local public, no matter how standardized the product is, there are some local characteristics that should not be disregarded, such as local values, culture , needs, tastes, etc., which means that an adaptation of a product or service is necessary for it to be actually accepted and consumed in a given country.
Answer:
The bad debts expense for 2015 would be $ 28,000
Explanation:
The balance of the allowance for doubtful account should be equal to the amount estimated to be uncollectible based on the ageing analysis
Estimated uncollectible account $ 31,000
Allowance for doubtful accounts prior to adjustment <u>$ 3,000</u>
Bad debts expense for the year to be recorded <u> $ 28,000</u>
The accounting entry to record this is as follows:
Bad debts expense Debit $ 28,000
Allowance for uncollectible accounts Credit $ 28,000
Answer:
Bugatti Chiron Super Sport
Explanation:
The Bugatti Chiron Super Sport can go 304 MPH
A firm that is threatened by the potential entry of competitors into a market builds excess production capacity. this is an example of <u>a credible threat.</u>
<u></u>
A credible threat is one in which there is a real possibility that the member may soon do serious physical harm to other people (including death), and that possibility cannot be completely eliminated by changing any existing rules, norms, or practices.
A system holding State data or a product delivered by the Consultant that has an exploit that a person with knowledge of information technology security believes may be used to compromise one or more parts of the system constitutes a credible danger.
To learn more about Credible Threat here
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