Answer: The remuneration for natural resources is rent, as natural resources consist of all gifts of nature
Explanation:
Factors of production consists of the resources that are used to production to take place. They include land, labor, capital and the enterprise.
The remuneration for natural resources is rent, as natural resources consist of all gifts of nature.
The remuneration for labor is wages and salaries. The remuneration for capital is interest while the remuneration for entrepreneur is profit.
This is true. Macroeconomics studies the entire economy as a whole while microeconomics studies specific aspects of the economy.
The answer is variable pricing strategies
If the company is launching a completely new they would have invested heavily in R&D and are about to invest a lot of money in the marketing and promotion as well.
Variable pricing simply takes into account the cost of bringing that product to market and prices the product accordingly. This is to ensure that the new product can help the company recover it's costs as soon as possible.
It also ensures that the final price is a balancing act so that the product's price is attractive for the buyer and a medium way between 'sales volume and income per unit' is achieved.
Answer:
Census
Explanation:
A <u><em>census </em></u>is stablished to know exactly or with a minor level of error what is the total count of population and where do they live in any given city or country.
Answer:
DR Bed Debt Expense $28,245
CR Allowance for Doubtful Accounts $28,245
Explanation:
The Bad Debts expense figure for the year is;
= Accounts to be uncollected - Credit balance in Allowance for doubtful debt account
= 28,750 - 505
= $28,245
Debit this figure to the Bad Debt Expense account and Credit it to the Allowance for Doubtful Accounts.
