Answer:
Its A
Explanation:
This accounting system is based on the principle of recording transactions at the time they are paid or collected, regardless of when they were made. In other words, it does not use the accrual criteria.
It should be noted that this system is the least accepted by the companies
In this case the company sells in year 1 for 14,000, and the customer cancels its debt in year 2.
And the same happens with salary expenses, they correspond to year 1, but they are paid in year 2.
In both cases, it is paid the year following the moment in which the event "occurred". Upon collection and payment, registration is made
The question is incomplete. Here is the complete question
Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does the quantity demanded for DVRs change if the p rises by $40? A) drops by 10,000 DVRs B) increases by 16,000 DVRs C) drops by 2,500 DVRs D) increases by 4,000
Answer:
Drops by 10,000 DVRs
Explanation:
The demand for digital video recorders is expressed by
Q= 250- .25p+4pc
Where
Q represents the quantity demanded by the customers
P represents the price of DVR
pc represents the price of cable television
Since the factor of p in the expression above is negative, this implies that the quantity of DVR demanded in the market will reduce
If the price of DVR increase by $40, then the quantity demanded will reduce by
= 0.25×40×1000
= 10×1000
= 10,000 units
Hence the quantity of DVRs drops by 10,000 DVRs if the price is increased to $40
The income elasticity of demand is 1 which shows that if the prices are lowered the demand will increase. The quantity demanded will change as the price changes.
<h3>What is demand?</h3>
Demand is the want of a product this is influenced by the price and supply of the product. If the price of a product is increased the demand for the product will fall and if the price is lowered the demand will increase.
The demand is increased if prices are lowered and vice versa when the income elasticity of demand is positive which is the case for health care.
Learn more about Elasticity of Demand at brainly.com/question/27300772
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Answer:
The Supreme court will revise the ruling from the Federal Court
Explanation:
When the Atomic Energy Commission appeals to the Supreme Court due to dissatisfaction from the Federal court's verdict, it is the duty of the supreme court to take some moment to look critically into the issue and weigh the premises in which the Federal Court's verdict was passed in favour of the environmental group.
After taking a critical look at the various arguments raised by the environmentalist and the court's ruling, it is obligatory for the Supreme court to decisively call the attention of AEC to the reasons raised and make provision to address such , bearing in mind that there was no previous discussion between the two parties prior to seeking court's attention in this regards.