Answer:
b
Explanation:
perfectly elasticity is when at an existing price quantity demanded can increase or decrease.the numerical co efficient is always infinity ♾️
The client's average cost per share of GRO is $40.61
<h3>What is the cost per share of stock?</h3>
The most recent price at which a stock has traded is known as the "share price," or market price per share of stock. When the price a buyer is prepared to pay for a stock meets the price a seller is willing to accept for a stock, it happens as a result of market forces. Divide the total cost of the acquisition by the number of shares purchased to arrive at the average price per share.
Given:
Net asset value of fund(X) Number of shares purchased(Y) X×Y
$ 44.44 45 $1,999.80
$ 38.46 52 $1,999.92
$ 33.90 59 $2,000.10
$ 48.78 41 $1,999.98
Total 197 $7,999.80
Client's average cost per share $ 40.61
Average cost per share = 7999.80/197 = $40.61
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To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;
- Rent expense is debited, prepaid rent is credited
<h3>Prepaid rent account</h3>
A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.
On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.
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Answer:
Lexicographic decision rule
Explanation:
A lexicographic decision rule is one of the decision making rules in purchase that allows a product to be ranked according to its importance to the consumer.
When a consumer is to purchase a product, the consumer ranks products that are similar in use as well as how important the product is. This helps a consumer to make the best decision when it comes to purchasing.
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