Answer:
Answer is option A, i.e. airlines would charge the same price to each type of flyer.
Explanation:
The elasticity of demand for air tickets by vacationers is generally found higher than that of business travelers. the reason behind this is that there is an ample amount of options as well as time in the hands of vacationers and which is not the case with the business travelers. Business travelers do not opt for other modes of transport other than the airway as this saves their time. Therefore, when one requires to create the same elasticity of demand for both types of flyers, then the prices for all of them should be kept the same.
Voluntary exchange is the actions of buyers and sellers freely coming together in the marketplace to buy and sell goods. They are not restricted or told what to buy, how to buy it, or how much, by the government or any other regulator.
Answer:
Both sales and account receivable
Explanation:
In the case when the company sells the goods or services on an account and the revenue is to be recorded prematurely so here the both accounts i.e. sales and the account receivable are overstated as it impacts these two accounts
Therefore the same is to be considered
hence, Both sales and account receivable are overstated
Answer:
The two ways to begin setting up a recurring transaction in quick books online are:
- Create a new transaction or
- Duplicate an existing one
Explanation:
Option One: To set up the transaction,
- Click on settings (It's an icon that looks like a gear)
- From Lists, click on “Recurring Transactions”
- Then select “New”
- Select a transaction type to be created, and press “OK”
- The next step is to name your template then,
- Choose a Type of Transaction. The options are "Scheduled", "Unscheduled" and "Reminder".
Finally, enter the necessary information and Save the Template.
Option Two:
Create templates more quickly by duplicating existing templates. This is a quicker way of setting up transactions.
- Go to Settings
- From Lists, select "Recurring Transactions".
Click on the appropriate template, then select the Action column drop-down menu and select Duplicate. All settings will be inherited by the duplicate copy except the caption.
Cheers!
In order to handle weaknesses that a business may have, Dr. Hornsby stated that the person should be honest about the weaknesses.
According to Dr. Hornsby, the person should be honest about their weaknesses. He stated that one should be upfront to the potential investor and explain how the issue will be addressed.
He stated that it's the best way because someone can assist by figuring out how to deal with the threats and weaknesses. It should be noted that the longer one hides the problem, the worse it'll develop until the person can't handle the pressure.
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