<span>In this closed economy for basketball tickets, we experience a limited, finite supply, and an increasing demand for the tickets as the playoff season approaches. As such, we expect the demand curve to move through reselling until settling at a new equilibrium consisting of a much higher price for the tickets than the original $30 figure.</span>
Answer:
A) <u>is a fixed cost of operating the tattoo parlor.</u><u> </u>
Explanation:
Fixed costs refer to those costs which do not change irrespective of the level of output. An example of fixed cost would be rent of the factory building which will be paid irrespective of the level of production.
In the given case, the person in question quit his job for operating an existing tattoo parlor against monthly payment of $4000. Since the amount of payment has been fixed and such payment is not dependent upon any other variable, such cost shall be classified as a fixed cost of operating the tattoo parlor.
Answer:
it's a tangible long-term asset
Answer: The answer is "D. Net income, assets, and stockholders' equity are all decreased.".
Explanation: This happens because the recording of the depreciation of equipment reflects the loss of value of the asset, which is a negative result that impacts the results, the value of the assets, and as a consequence in the stockholders' equity.
Answer:
Terminates
Explanation:
The tenancy agreement binding the joint tenancy becomes void so it is terminated Because it has been bridged.