Answer:
c. creates a situation in which the quantity demanded of housing is greater than quantity supplied.
Explanation:
A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.
Price ceiling creates a situation where quantity demanded exceeds quantity supplied because suppliers (landlords) will be unwilling to sell products or services at a price lower than the equilibrium price which will immediately create a shortfall in supply, while consumers (tenants) will be eager to rent at a price lower than the equilibrium price BUT due to shortage of supply, the quantity demanded now exceeds the available quantity supplied
Answer:A$460 loss
Explanation:
The value of the $ compare to LCU has fallen by $0.02 ( 1.08 to $1.10)
multiply by LCU $23000
Answer:
Challenge
Explanation:
Challenge is considered as an entrepreneurial advantage because it tend to 'force' people to actively improve themselves and find out inventive way to solve a problem.
When people feel that their job is not challenging enough, overtime they will feel that their activities become stale and boring. This will lead to the situation where they become unmotivated to even to come to work.
Having enough challenge at your work will keep you curious.
Like Paul, your work will make you feel excited and strive to prove yourself. This will make you constantly try to adapt to new things and keep improvising your craft.
Answer: system unavailability
Explanation:
Answer:
August 6
Debit: Inventory: (54 * $120) = $6480.00
Credit: Accounts Payable: $6,480.00
August 7 - shipping
Debit: Inventory $320.00
Credit: Cash $320.00
August 10
Debit: Accounts Payable :(4 * $120) = $480.00
Credit: Inventory $480.00
August 14
Debit: Accounts Payable : $(6480 - 480) = $6000.00
Credit: Inventory $60.00
Cash : $(6000 - 60) = $5940.00
(August 14th Inventory: $6000 × 1% = $60)
August 23
Debit: Accounts Receivable ($140*34) = $4760
Credit: sales Revenue $4760
August 23
Debit: Cost of Goods Sold $4,257.00
Credit: Inventory $4,257.00
Explanation:
INVENTORY:
