Since the tennis rackets and tennis balls are complements,then equilibrium price of tennis balls would decrease and the equilibrium quantity of tennis balls decrease if there is increase in the price of tennis rackets.
<h3>What is Equilibrium price?</h3>
Equilibrium price can be regarded as the point where there is intersection of cost of a product as well as the demand for that product.
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The stock market declined and it started the great depression
Answer: Multinational company
Explanation:
A multinational company has operations in various companies however the rules of the parent company country of residence are not allowed to interfere negatively on other countries of operations. All other company units in there various domiciliation are allowed to develop research towards tending products to local markets and ensuring adherence to rules various country of domiciliation.
Answer: Drug Czar
Explanation: Drug Czar is an informal name for the person who is responsible for direction of the drug control policy in different areas. The term czar is an informal term used in US politics.
Matthew is responsible for the drug control strategy and is responsible for allocation of drug control budget for all federal agencies. So his position is of Drug Czar.
Answer:
there are no available options, but the complete journal entry to record a credit card sale is:
Dr Cash account 98% of sale
Dr Credit card fees 2% of sale
Cr Sales revenue 100% of sale
Explanation:
Since VISA payments are automatic, you can debit cash directly. There is no need to debit accounts receivable and then once the payment is confirmed, debit cash. Some credit cards do not pay automatically, and in those cases you should debit accounts receivable.
Instead of credit card fees, some people use credit card discount, or credit card expense, but all these accounts are basically the same. They are all expense accounts.