It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>
Answer:
Debit Cash account $16,800
Credit Unearned Subscription Revenue $16,800
Explanation:
When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are
Debit Cash account and Credit Unearned fees or deferred revenue.
As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.
Total amount received
= $20 * 8400
= $16800
Answer: A. True because everything has happened has many effects for many different behaviors in people’s lives.
Answer: A. Monday
Explanation:
In the article, <em>Storm keeping Millions From Work May Slow Economic Growth</em> by <em>Jeff Kearns</em>, he notes that the timing of Hurricane Sandy was important because Hurricane Sandy struck on a Monday which is the first day of work in the week for many. As a result they had to miss work for most working days which definitely had an impact on Economic output.
Had the Hurricane struck on the weekend then people would have missed less working days and so the effect on the Economy would have been less.
