Answer:
A
Explanation:
A leader is someone who ensures their team has support and tools to achieve their goals.
Answer:
e. all of these should be included.
Explanation:
These listed items are not entrepreneurial personality traits. Holly is not expected to have any of them as traits because they are not. Personality traits are human characteristics, which propel Holly as an entrepreneur to take entrepreneurial risks. They include Creativity, Risk-taking, Passion, Planning, Social Skills, Open-mindedness, Decisiveness, Positivity, etc. Holly abundantly possesses them.
Answer:
c. the well-being of sellers.
Explanation:
A surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.
Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.
On the other hand, consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
Hence, an export subsidy will increase producer surplus.
In conclusion, producer surplus directly measures the well-being of sellers.
Answer: False
Explanation:
Being able to determine the effect on price would have to be circumstantial
Answer:
$200
Explanation:
When Supplies inventory are purchased, a debit is posted to Supplies inventory and a credit to cash account or accounts payable.
As the inventories are used, debit Supplies expense and credit Supplies inventory account.
Given that $1,000 was the debit in the books and $800 per count, it means the books balance needs to be written down to the physical balance. The difference to be posted
= $1,000 - $800
= $200
This will be done by
Debit Supplies expense $200
Credit Supplies Inventory $200
Being entries to record inventory used in July
