<span>If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the prices for the firm's product will be lower than the prices that have been set in the present. In the present case as the supply is increased, the prices are higher as the demand is higher. Then at later point of time when the supply is decreased, then demand also decreased, then the prices are likely to come down.</span>
Ok so one of the biggest advantages would be a lower price but not only that if it is a newer car you wont have to pay the newer car fees you basically avoid them.<span />
Answer:
$3,000 understated
Explanation:
The computation of the working capital in case of no correcting entries made is shown below:
= Depreciation Expense for 2020 - depreciation expense for year 2021 - ending inventory for 2021
= $18,000 - $6,000 - $9,000
= $3,000 understated
While there is no additional errors occurred and no correcting entries passed so in this the $3,000 is understated by above calculation
Answer:
Process innovation
Explanation:
Product innovation refers to efforts to create designs and applications of technology to develop new products, while <u>process</u> innovation refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.
Process inovation: It is a type of innovation that involve in improvement of process in producing goods and services. It also implement new technique and procedure to improve production or delivery method. It is also effective in reducing cost of production.
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
