Answer:
<em>Adjustments help to ensure that </em><em><u>asset </u></em><em> balances are reported at amounts representing the economic benefits used during the period.</em>
B) Step 2: Assess the national business environment is part of which step in the screening process for potential markets and sites.
The national environment of a business consists of economic, demographic, natural, cultural and political forces. The external environment of a company is often divided into an economic environment, a political and governmental environment, a sociocultural environment, and an international environment.
A state-owned enterprise is a company that operates within the borders of a particular country. Like local companies, state-owned companies understand the culture of the country and develop products and services to satisfy the market. For example, Donut Time is a donut shop that operates throughout Australia.
The question is incomplete. Please read below to find the missing content.
Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?
A) Step 1: Identify basic appeal
B) Step 2: Assess the national business environment
C) Step 3: Measure market or site potential
D) Step 4: Select the market or site
Learn more about the national business environment here: brainly.com/question/22728969
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Answer: The elasticity of demand will determine the degree to which quantity demanded rises.
Explanation:
Acc. to the law of demand, demand for a normal good is negatively related to its price. When price of the good falls, quantity demanded rises.
Price elasticity of demand shows us the magnitude of change in quantity demanded to a change in the price of the good.
So, when price falls, elasticity will show us by the degree to which quantity demanded rises.
Answer:
c. Correctly ignored a sunk cost
Explanation:
The $50 he spent on the ticket is a sunk cost. Independently of his decision (go to the play or go with Vicky), the cost is already done.
He decide to go to the concert beacuse he prefers it than go to the play. He maximizes his utility, as he would not recover the $50 in any way. In the utility calculation, the sunk cost has no influence.
He has correctly ignored a sunk cost, not letting it to influence in his decision.