Answer:
rise, fall
Explanation:
In the case when the subsitution effect with respect to the real rate of interest should be saved and more than the income effect on the real rate of interest so if there is an increased in the real rate of interest so there is an increase in the consumption also there is the fall in the savings
Also, if there is a more income effect, the consumption should rise and the savings would decline
Therefore the rise and fall should be considered to fill the blanks
Answer: average curve is on the rise or increase.
Explanation: When marginal cost falls, it drops to a minimum value and then increases again. This is because the marginal cost curve intersects both the average variable cost curve (AVC) and the (short-run) average total cost curve at their minimal points. So whenever marginal cost curve is above an average cost curve this implies that the average curve is on the rise or increase.
Answer:
the bad debt expense reported is $113,300
Explanation:
The computation of the bad debt expense that should be reported in the first year income statement is shown below:
= Allowance for uncollectible accounts + write off account receivable
= $82,700 + $30,600
= $113,300
Hence, the bad debt expense reported is $113,300
D. <span>Regressive tax. The tax
rate decreases as the taxable income increases. There is an inverse relationship
between the tax rate and the tax base (taxable income). Regressive tax imposes
a greater burden on the poor. This is favorable to the rich or those who are
huge income earners.</span>
