Answer:
Explanation:
The journal entries are shown below:
A. Cash A/c Dr $15,000
To Service revenue A/c $15,000
(Being cash is received)
B. Cash A/c Dr $150
To Unearned Service revenue A/c $150
(Being unearned service revenue recorded)
C. Cash A/c Dr $4,000
To Accounts Receivable $4,000
(Being cash received for service provided)
D. Cash A/c Dr $2,250
To Unearned Service revenue A/c $2,250
(Being advance payment is received)
E. Accounts receivable A/c Dr $125
To Service revenue A/c $125
(Being service provided is recorded)
Answer: D. fall and the equilibrium quantity to stay the same.
Explanation: Price elasticity of supply is simply the responsiveness of change in quantity supplied to a change in price of a particular commodity or service. Elasticity of supply is of different types. We have inelastic supply, elastic supply, perfectly inelastic and perfectly elastic.
Perfectly inelastic supply means the supply curve is vertical. There is not going to be any change in quantity supplied despite change in demand but only the price moves. So, if there is a reduction in demand, the equilibrium price will definitely fall while the quantity supplied remains the same.
The answer to your question is government ownership of the major industries
Answer:
D. Excludes retirees who are interested in seeking new employment opportunities
Explanation:
Internal recruitment is the process by which an organization fills a job vacancy by hiring someone from the existing workforce. It is a cheaper method, the firm is familiar with the employee, thus less risk and the employee is also familiar with the firm, hence no induction training required.
Since only those who are already working are the only ones who would be eligible under internal recruitment, retirees will not be a part of the pool of potential workers, even if they may be possessing better skills and experience.
No monopoly
Exact same prices and products
They both specialise in the same things
