When total utility starts to decrease, each additional song hurts MORE than the previous song.
For the answer to the question above, I think that
Roxanne is likely to use the <u><em>"Test market"</em></u> <span>method to forecast demand. </span>
I hope my answer helped you. Have a nice day!
Answer:
<u>product recalls</u>
Explanation:
Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.
Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>
Answer:
Lake Co.
Current Liability for Advances from Customers in Dec. 31, 2021 balance sheet:
Amount to report as current liability for advances from customers:
= $127
Explanation:
Advances from Customers:
Dec. 31, 2020 balance $120
Cash received 189
Total liability $309
Earned Revenue 182
Current liability $127
Advances, which Lake Co., received from customers for orders not yet fulfilled are recorded as deferred revenue or liabilities because Lake Co. is still owing the respective customers until the services or goods are provided. Earned Revenue is the value of revenue that would be reported in the income summary for which exchange of value or promises had been completed.
Answer:
Expenses must be close or above $2000 per month
Explanation:
For a business to operate at a profit, its revenues must exceed the expenses by a sizable proposition. Revenues refer to income from business activities, while expenses are the cost incurred in generating that income. Should the costs match or be higher than the revenue, a business will find it challenging to continue operating.
In this case, the business owner is generating revenues of $2000 per month. If he is struggling to stay open, it means the monthly expenses are around or above $2000. The $2000 that the business is generating per month is not sufficient to cater for all expenses and the desired profits. The business owner is probably making losses, and that why he is having trouble keeping the doors open.
