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4 years ago

When there is a shortage, rationing is a method of distributing goods by using prices.

1 answer:

6 0

True, rationing is the selling of scarce goods or services in events such as war. Items are distributed in fairness to each citizen and they have to take a ration book to say what they have or haven't had and how much of it they have had.

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Problems and applications q7 for any given demand curve for the right to pollute, the government can achieve the same outcome ei

Bas_tet [7]

We answer this question by bringing about the following supposition:
<span>The corrective tax policy and the number of pollution permits available do not change in spite of this demand shift.</span>

6 0

3 years ago

Read 2 more answers

Davis sells Weber equipment under an arrangement whereby Davis delivers the equipment on January 1, 2021 and receives payment on

poizon [28]

Answer:

C. Debit to cash

D. Credit to notes receivable

Explanation:

When a company received money for previous sales, the following entry is required -

Debit Cash XXXX

Credit Accounts/Notes receivable XXXX

In that case, as Davis sold Weber equipment with an agreement of notes because of long-term payment, they treated the sale as a note receivable. Whenever the subsequent payment occurred, the entry to record the journal -

Debit to cash and Credit to notes receivable. Therefore, options C and D are both correct.

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3 years ago

Don and maria jefferies take $500 a month from savings. don and maria also receive social security, but maria receives 120 perce

bazaltina [42]

Don's monthly social security benefit is $772.73.

Let Don's monthly social security benefit be 'x'.

Don and Maria's monthly drawing from Savings =$500.

Maria's social security = 120% of Don's social security.

Total income = $2200.

So,

$500+x+\frac{120}{100}x = 2200$

$500+x+1.2x = 2200$

$2.2x = 1700$

$x = $772.73$

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3 years ago

Read 2 more answers

What did early south American civilization do to promote farming

Elis [28]

They invented the plow

6 0

3 years ago

Conroy Company uses the allowance method to account for bad debts. During the year, Conroy determined that a balance of $200 fro

navik [9.2K]

Because the balance of $200 from Alegia Co. was uncollectible and wrote off, then, the total decrease to net income related to this entry will be $0

<h3>What are Uncollectible debt?</h3>

An uncollectible debt also called an accounts uncollectible refers tp receivables, loans or debts that have no chance of being paid.

In conclusion, the total decrease to net income related to this entry will be $0 as the balance of $200 from Alegia Co. was uncollectible and wrote off.