Answer:
A normal good
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls. For normal goods, income and quantity demanded are positively correlated.
When income increased, the quantity demeaned for cosmetic surgery also increased. So, this is a normal good
A. grains correct me if im wrong
<h2><em>Features of wealth :-</em> </h2>
<h3>The following are the characteristics of wealth: </h3>
- <em><u>Increased stress on wealth</u></em>: This definition presented considerable value to the nature of money in the economy. According to some economists, the economic success of any country depends on the accumulation of wealth.
<h3 />
- <em><u>Examining the Nature of Money:</u></em> According to this definition, economics is also divided with the investigation of the circumstances that led to the creation of wealth.
- <em><u>Research on the Nature of Wealth:</u></em> According to this definition the wealth of a nation consists only of physical products.
- <em><u>Economic Man: </u></em>This theory states that an economic man converges on his personal goal, that is to earn money
<h3> </h3><h2>Hope it helps.......</h2><h2>STAY SAFE, STAY HEALTHY AND BLESSED.</h2><h2>HAVE A GOOD DAY</h2><h2>THANK YOU</h2><h3>#Jennifer</h3>
Answer and Explanation:
The Journal entry is shown below:-
Bad debts expense Dr, $2,000
To Accounts receivable-Hopkins $2,000
(Being write off is recorded)
Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done
