Answer:
Make the demand curve more inelastic
Explanation:
Substitute goods are goods that can be used in place of another good.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Acquiring a firm that sells a substitute good will reduce the amount of competition a firm's good faces so consumers would have less options of goods available to purchase. This makes their demand more inelastic. If price increases, consumers have little or no options they can substitute to, so they continue to demand for the product.
Answer:
C.
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
The journal entry on declaration of dividend would lead to a debit to retained earnings and credit to dividends payable.
No journal entry is passed on the date of recording dividend.
Later, on the date of payment of dividend would lead to a debit to dividends payable and credit to cash account.
The journal entries have been shown below:
Answer:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.
From the subject of economics, specifically macroeconomics, it says that the statement above is false. <span>Business cycles, not business fluctuations, are systematic increases and decreases in real GDP. Business fluctuations are called unsystematic changes. </span>
