Answer:
There are several conditions which are required for there to be a perfect competition in a market or economy.
Let me highlight those, there should be many firms in the market which have identical product offerings with not so variable prices. Secondly, the size of the firms on the market should not be big in terms of its sales. Thirdly, the market forces determine the demand and supply in the market. Fourthly, firms should be able to easily enter and exit the market as per their will. Lastly, there are a number of sellers and buyers in the market for a particular product.
Hope this helps you.
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Answer:
Following are the journal entries recorded;
November 12
Debt: Cash Dividend = $45,000
Credit: Dividend Payable = $45,000
Declaration of Cash Dividend is recorded
November 20
No Entry is recorded
December 01
Debt: Dividend Payable = $45,000
Credit: Cash = $45,000
Cash Dividend Payment recorded
The significance of date November 20 is to record the dividend date, the organization regulates the eligibility of the shareholder to collect the dividend
The risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.
<h3>What is long-term care policy?</h3>
Long-term care policy can be defined as the type of policy that help to cover medical expenses or medical cost for a long period of time.
Choosing a long-term care that has a short health benefit has some risk reason being that in a situation where she needs medical care beyond the stipulated two years , Sarah will have to pay for the cost of those medical care from her savings.
Inconclusion the risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.
Learn more about long-term care policy here:brainly.com/question/24167880
Answer:
The correct answer is (D)
Explanation:
Alpha Testing is characterised as a kind of programming testing performed to recognise bugs before clearing the item to genuine clients or general society. It is a sort of acknowledgement testing. Phil is as of now dealing with the main period of alpha testing where the principal testing is finished by in-house designers.The goal is to perform the tasks that a typical user might execute.
Answer: Low taxation and high spending
