Answer:
D the demand for tarot card readers has increased.
Explanation:
At constant supply, price of goods or services tend to increase as demand increases. In this case, the demand for the services has increased, meaning that demand for tarot card reading has increased relative to the supply of the service. This has resulted in an increase in price of the service.
Answer:A. assumes that demand for loanable funds increases with supply remaining unchanged
Explanation:
Loanable funds is the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption. ... One way to make an investment is to lend money to borrowers at a rate of interest.
Answer:
income summary 550 debit
retained earnings 550 credit
--to close income sumary against RE--
Explanation:
To complete the closing entries we should determinate the balance of the Income Summary account and then, transfer into Retained Earnings.
Income Summary
<u> Debit Credit </u>
2,450
<u> 3,000 </u>
Balance 550
We will debit income summary so his blanace ends in zero and credit retained earnings so net income is accumualted and added into equity to represent it in the balance sheet.
Strategic planning is the process of defining the company's strategy and making decisions about how to use resources to accomplish that strategy.
Answer:
In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.
