Answer:
"A purely competitive firm is a "price taker," while a monopolist is a "price maker".
Explanation:
<u>Price takers</u> are those organizations that do not have the ability to impact the market to generate fluctuations. This is the case of a <em>purely competitive firm </em>that markets its products at a price that helps maximize profit.
<u>Price makers</u> are those that make the market go, that is, they have significant lots larger than the queue at each price level. This is the case of <em>monopolistic firms</em>, capable of influencing the price of the product.
Answer:
electives
Explanation:
Based on the information provided within the question it can be said that this scenario illustrates the type of business customs known as electives. These are customs within a business that an employee may choose to follow or choose not to follow them and no consequences will arise from doing so. Such as is the case with Jenna deciding not to drink alcohol when meeting clients for dinner even though the client offers or drinks himself/herself.
Hi, there is no question attached to the statement above. Anyway, it looks like you are looking for the IRS code with description. If so, the IRS code for the statement is 1541. Hope this helps you and thank you for the question.
When a company uses the allowance method to measure bad? debts, Bad Debts Expense.
<span>"The Bad Debts Expense account is facing a difficulty for achieving the objective, and when a certain or some account is written off".
This is Bad Debts Expense.</span>
Economic growth is growth in a countries GDP, in general, but it should be noted that there are many other factors that can influence growth of a nation.
