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jonny [76]
3 years ago
14

The assumption of continuity says that:

Business
2 answers:
Lostsunrise [7]3 years ago
6 0

Answer:

The correct answer is potion (d) If bundle A is preferred to bundle B, there is a region around A such that any bundle C that lies in that region is preferred to B.

Explanation:

The assumption of continuity is all about the choice of different goods and service which the consumers exercise. When two goods are presented before a consumer, a choice can be made on either of them. He can either choose goods A or goods B.

Again, if goods A has been selected and goods B is left, there is a possibility that goods C which lies in that region will be preferred to B.

elena-s [515]3 years ago
5 0

Answer:

The answer is D. if bundle A is preferred to bundle B, there is a region around A such that any bundle C that lies in that region is preferred to B

Explanation:

Continuity is an assumption.  These assumptions are abstractions as such in principle nothing to be found in reality (between the same is the case for distribution models like the famous normal distribution). The reults are reasonably interpretable when the assumptions are reasonable for the data used to fit the models.

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At what amount is a short-term notes receivable recorded on the issue date?
laiz [17]

Answer:

At face value

Explanation:

Short term notes are always recorded at face value, and that applies to both interest and non-interest bearing short term notes.

Non-interest bearing long term notes must be recorded at their discounted value, i.e. you must discount the long term note' face value by the discount rate used by the company.

6 0
3 years ago
Catherine has been managing her company for a couple of years. She now plans to expand her business by bringing in fresh funding
klio [65]
I would say that for Catherine, the best place to inform her investors about a new stock issue would be a news release on her company website so in that way it is made public, informs the investors and may attract more capital investment in the company as well.

4 0
3 years ago
Before making a turn at an intersection, you should signal at least __________ before your intended turn.
cupoosta [38]

Answer:

100

Explanation:

because it gives enough time for notice but not too much to where people think you could be turning at a earlier intersection

5 0
3 years ago
In the late 1970s Federal Reserve Chairman Paul Volcker contracted the money supply to reduce the rate of inflation. One result
xxTIMURxx [149]

Answer: to increase interest rates which reduced aggregate demand.

Explanation:

Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.

In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.

8 0
3 years ago
On April 1, 2016, the KB Toy Company purchased equipment to be used in its manufacturing process. The equipment cost $57,200, ha
Harman [31]

Answer:

2016 Depreciation

Dr depreciation expense $5720

Cr Accumulated depreciation               $5720

2017 Depreciation

Dr depreciation expense $5720

Cr Accumulated depreciation               $5720

Journal entries for 2018 expenditure

Dr repairs and maintenance   $2900

Dr Equipment account             $11850

Cr Cash account                                          $14750

2018 Depreciation

Dr depreciation expense          $4800.83

Cr Accumulated depreciation                     $4800.83

Explanation:

There are two policies for depreciating non-current asset  especially when it is acquired part-way through the year like we have here, namely full year depreciation in the year of purchase and none in the year of disposal or proportional depreciation throughout the useful life,I am adopting the former in this question.

Formula for depreciation=cost-residual value/useful life

Yearly depreciation is ($57200-$0)/10=$5720

However,after two years the book value is calculated thus:

Book value=$57200-($5720*2)=$45760

additional cost incurred in enhancing the capacity of the asset would be added :  $45760 +$11,850=$57610

Since the useful life has also been reviewed up to 12 years, the depreciation from now on is $57610/12=$4800.83

5 0
3 years ago
Read 2 more answers
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