Answer:
The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.
Explanation:
A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.
For example:
An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.
What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods. The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.
Answer:
The full sentence is:
The audit of inventories may help in the auditor determination of <u>COGS </u><u>(</u>cost of goods sold) 2. It is difficult to audit <u>DEPRECIATION</u> without the consideration of the property account. 3. Amortization relates to <u>INTANGIBLE</u> assets like depreciation relates to property and equipment. intangible 4. Auditors consider the <u>BAD DEBT</u> expense when determining the correct allowance for doubtful accounts. sales 5. Financial statements that <u>UNDERSTATE </u>the results almost never lead to legal action by financial statement users.
EXPLANATION:
Cost of goods sold, is the relationship between sales and expenses necessary to produce and store a particular good.
Depreciation is the mechanism by which the wear and loss of value that a good or asset undergoes due to the use made of it over time is recognized.
What cannot or should not be touched receives the qualification of intangible
Charlie should now work as hard as he can and get as much work done by the deadline. He should not get distracted by anything.
Hope this helped:))
Answer: Sell government bonds and raise the discount rate
Explanation:
Fed uses open market operations for controlling the money supply in the economy. If fed wants to create a tight money market then it should sell the government securities to the public which will reduce the money supply in the economy. It is known as contractionary monetary policy.
Discount rate is defined as the interest rate on the discounted loan. If there is an increase in the discount rate then it will be more expensive for the banks to borrow from Fed and hence they borrow less. This will decrease the lending capacity of the banks which reduces the money supply in an economy.
Therefore, Sell government bonds and raise the discount rate are the best ways to contract the money supply.
Answer: B. The portion of output contributed by Mexican labour would be included in both Mexican GNP and GDP.