Answer:
social
Explanation:
Social mobility refers changes in an individual's social economic class within a stratification system. A social stratification system is the way society ranks individuals and families according to the social status. A person's or a family's social status is generally determined by wealth or power (or both).
When a person moves up the social ladder (stratification system) it means that they are improving their status and society generally perceives them as more valuable. E.g. Serguei Brin went from being a Russian immigrant to an extremely wealthy and powerful person after Google was a success. That is a clear example of a person moving up the social ladder.
People can also lower their social class when they lose their jobs and go through severe economic hardships.
Answer:
Explanation: from the above question, the inability of management to collect any outstanding debt from a customer after a particular time frame is termed a bad debt and it can be written off the books of the company.
From the question above, management determined that it will not be able to collect the $1,200 owed to it by one of its customers.
To write this amount off the books,
Debit : Account receivable $1,200
Credit: bad debit written off $1,200
The bad debt written off is an expense account where the amount uncollectible is expensed from the books of the company.
Answer:
a. Cournot oligopoly
b. Stackelber oligopoly
c. Bertrand oligopoly
Explanation:
a.
In Cournot's oligopoly model, companies will make similar decisions to their competitors, including the amount produced by each company. A perfect competition situation occurs, where there is no differentiation and the balance is not influenced by market supply and demand, but by the action similar to the competitor, companies estimate how much each competitor will produce and thus determine their level of production to increase. your profits.
b.
Stackelberg's model is based on imperfect competition, meaning there is no cooperation between companies, whichever is the most recognized with the highest brand value and the most capable of leading the market will be responsible for establishing the quantity produced, and so the others will observe the lead company's decision to decide their production quantity from there.
c.
Bertrand's model is also characterized as imperfect competition, where there is no cooperation and differentiation between products, in this model the strategic focus is on price rather than quantity. Consumer buying behavior will be influenced by the company that sets the lowest price, so equilibrium will occur when companies set the same price.
The right answer for the question that is being asked and shown above is that: "d. principal, interest, taxes, insurance." Housing expenses are commonly referred to as PITI. <span>In relation to a mortgage, PITI </span><span>is an acronym for a mortgage payment that is the sum of monthly principal, interest, taxes, and insurance.</span>
