Answer:
The main determinant of profit is in any business is the number of production units.
Hope this helps..
Explanation:
Answer: No
The order of variables does not matter when combining like terms in algebra, because of the commutative property.
Explanation:
Consider the addition of two algebraic expressions.
f(x) = x³ - 5x² + 3x - 2
g(x) = 6x³ + 10x² - 7x + 9
Add f(x) and g(x).
f(x) + g(x) = x³ - 5x² + 3x - 2 + (6x³ + 10x² - 7x + 9)
= x³ + 6x³ - 5x² + 10x² + 3x - 7x - 2 + 9
= 7x³ + 5x² - 4x + 7
Now add g(x) and f(x) in order to change the order of variable addition.
g(x) + f(x) = 6x³ + 10x² - 7x + 9 + (x³ - 5x² + 3x - 2)
= 6x³ + x³ + 10x² - 5x² - 7x + 3x + 9 - 2
= 7x³ + 5x² - 4x + 7
The two additions yield the same result, although the order of variable was reversed during the addition.
In general, algebraic operations are commutative.
Answer:
The amount of bad debt exp is 7000
Explanation:
Allowance for bad debt exp has a credit balance of 7500 before adjusting entry
Now the management wants to estimate the uncollectible accounts at 14500
So we have to increase the balance of the allowance account from 7500 to 14500
Like 14500-7500=7000
So we need to record the entry by 7000 to increase the amount of the allowance to 14500
The entry
Bad debt exp Dr. 7000
Allowance for doubtful accounts Cr 7000
Now the bad debt exp will be reported in the income statement by 7000
Answer:
d) the maximum level of total welfare is not achieved.
Explanation:
When the economic efficiency bears a loss, it is termed to be a deadweight loss. This condition occurs in the situation when the free market equilibrium is not able to be achieved. It occurs in the economy when the supply and the demand for the goods and services start to fall from being in the state of equilibrium. The resources allocated experiences a deficiency, thereby causing a deadweight loss.
