Answer:
A. Frictional Unemployment
B. Structural Unemployment
C. Cyclical Unemployment
Explanation:
A. Frictional Unemployment refers to people moving between jobs which is the case for the first scenario
B. Structural Unemployment is a type of unemployment when structure of the economy changes and outsourcing also comes under this
C. Cyclical Unemployment is caused by the movements of business cycle people are laid off when economy is facing recession i.e decrease in investment.
In the rooms because that is where the amenities are located ie the bed comfort, the TV, the view, the room size and then the leaning services and the room service (for food from the restaurants)
Answer:
c.
More items purchased when prices drop
Explanation:
Lets determine the two variables and their relation in each of the cases.
a)
Quality decreases. Quantity purchased decreases. Both item decreasing is a positive relation and thus would not yield a negative slope.
b)
Spending rises. Income rises. Both items increasing is a positive relation and thus would not yield a negative slope.
c)
Purchases increase. Price decrease. One item increases while the other decreases and thus is a negative relationship with a negative slope.
d)
Qty sold increases. Quality increases. Both items increasing is a positive relation and thus would not yield a negative slope.
Hope that helps.
Answer:
A. The balance sheet reports the performance of the firm over the past period. It summaries and categorizes a company's revenues and expenses for that period.
Explanation:
The balance sheet is a financial document or statement that shows a company's total assets at a particular time. It indicates how the assets are financed. A balance sheet reports the net worth of a business. It shows the assets, the liabilities, and the shareholders' equity.
The preparation of a balance sheet follows the principle of assets equals the sum of liabilities and equity. It does not record incomes of expenses of a business for a financial year. The income statement is the financial report that shows the revenue and expenses of a company in a period.
Answer:
The adjusted balance is equal to the estimate of the uncollectible accounts receivable.
Explanation:
Receivable in economics is simply whenbusiness sells goods or services to another party on account usually on credit. It is also known as a monetary claim usually against a business or an individual.
Accounts receivable
Is simply defined as the power to the right to receive cash in the future from customers for goods or services performed. They can be called claim of right, exchange consideration, and a claim for the future.
The supplementary record that contains information on each customer is the accounts receivable ledger.
The goal for the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance making the adjusted balance is equal to the estimate of the uncollectible accounts receivable.
