The answer is No, because his lowest balance so far this month has been $1996.18
The statement is false. It is because direct disposal costs include selling expenses like sales commissions or advertising expenses. Disposal costs are incremental expenses that are directly related to an asset which is sold or disposed. They are sometimes recognized as future liabilities that will become expenses as incurred.
Answer:
An increase in real GDP (gross-domestic product) per capita
Explanation:
There has been an increase in real GDP since 1900. Data shows an increasing long-term pattern that accelerated, in a huge magnitude, in 1975, which means that GDP began to increase more than before. From 2002 to 2008, real GDP accelerated in a non-depreciable magnitude, but in 2009 there was a recession caused by the financial crisis and because of the explosion of the property bubble. Since 2009 until 2018, real GDP has been increasing.
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Answer:
The correct answer is: demand curve; option C.
Explanation:
A price floor is the lowest limit fixed on the price of a product. It is imposed by the government to protect the producers.
A binding price floor is fixed above the equilibrium market price. It is a horizontal line above the equilibrium price.
The consumers are willing to purchase the quantity where the price floor intersects the demand curve.
There is an excess supply as firms supply more at a higher price while the consumers demand less.
Since there is a difference between the equilibrium price and what the consumers are willing to pay, there exists a deadweight loss. This deadweight loss is the triangular area below the demand curve and above the supply curve between equilibrium quantity and price floor quantity.