Answer: a. in the short run but not in the long run
Explanation:
The Short Run is usually considered in Economics/ Business as a point in time where at least ONE factor of production is FIXED. This factor is usually the Factory because it is hard to change the capacity of a Factory in the Short run. For instance a wing might need to be constructed. Labour on the other hand is considered variable in the Short run though because more people can be hired and the people already hired can put in more overtime.
The Long Run is classified as a point where EVERY factor of production is Variable. There is enough time to even change the capacity of a Factory. So here even Factory is Variable.
Answer:
when you are making your question, their should be a little paper clip looking thing in the bottom corner, click on it and you can add your picture of get a picture form your camera roll, or file on your computer
Explanation:
I hope this helps
The correct answer is A. Not secure.
Answer:
The correct answer is option D
Explanation:
The reason is that the inventory purchases are record at the cost not at the cost less discount value.
When the company gets the settlement discount it must be accounted for as decrease in purchases price not in quantity and must be credited with the discount received against the accounts payable.
Debit Accounts Payable 5,250
Credit Merchandise Inventory 105
Credit Cash 5,145
Answer:
$0
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.
Consumer surplus = willingness to pay - price
$30 - $30 = $0
Ihope my answer helps you
