Answer:
Following are the solution to the given point.
Explanation:
For question 1:
Economic gains are distinct from bookkeeping gains. Accounting value also takes into account the cost of potential.
that's why "option a" is correct.
For question 2:
The "option d" is correct.
For question 3:
The "option c" is correct.
Answer:
D) Moving to a new home
Explanation:
When you move to a new home that usually should not change your investment plans, unless you are purchasing some extremely expensive home that will alter your finances completely.
If you move to another state, you will need to change your legal domicile which might require some changes, but it should not affect your financial position.
But if you get married, have a child or get divorced, then your financial position will change dramatically, since your personal finances are affected by these events.
Considering the situation above, by building a strong brand, Wilson has effectively "<u>reduced the price elasticity of demand for its products</u>."
This is because the price elasticity of demand is a term in economics that defines the sensitivity of the quantity demanded of a commodity to its price.
Usually, the price elasticity of demand shows that when the price of a commodity increase, the quantity demanded decreases.
Thus, in this case, since it is said that Kendra allowed Wilson to charge a higher price and not lose many sales, therefore, Wilson has been able to reduce the price elasticity of demand for its products.
Learn more here: brainly.com/question/15654343
Answer:
Less for income
Less for food
less for discretionary spending
Explanation:
Luca has prepared the budget for the month. He has included actual expenses in the budget to compare the budget with actual expenses. He has used flexed budgeting technique to incorporate his savings and expenses. He should keep less income, less for food and less for discretionary expenses in the new budget.
Answer:
Option (B) is correct.
Explanation:
The quantity theory of money can be expressed in the form of an equation that is
M × V= P × GDP
where,
M = Money supply
V = Velocity of money
P = Price level
GDP = Gross domestic product
P × GDP is the nominal GDP, it is the amount of required for purchasing the total amount of output. All the transactions are depends upon the income level of the consumers at the full-employment level. So, if there is an increase in the money supply, this will results in higher prices which means that an increase in the money supply over the real gross domestic product would cause the inflation.
Increase in the money supply will increase the nominal GDP but real GDP remains the same. But if the growth rate of money supply is equal to the growth rate of real GDP then there will be no inflation and Real GDP remains constant at the full-employment level, hence, its level of volume doesn't increase if the there is an increase in the money supply.
Therefore, increased growth rate of money supply over the real GDP causes inflation.
