False.
Asset are things you own, Debts are things you owe.
Hope that Helps :3
APR.
If you don' pay off your balance every month, you will pay interest on the remaining amount. The amount of interest is the APR, annual percentage rate. So, if you are going to be paying interest you want to make sure this rate is as low as possible!
Answer:
486 units
Explanation:
Computation for Department 1 The equivalent units of production for labor and overhead units.
Using this formula
(Completed and transferred out units × 100% percent) +(Ending work in process inventory ×60% complete for labor and overhead)
Where:
Completed and transferred out units 450
Ending work in process inventory 60
Let plug in the formula
(450 ×100%)+(60×60%)
=450+36
=486
Therefore the equivalent units of production for labor and overhead is 486 units.
Answer:
True
Explanation:
Monopolistic competition is a form of competition involving an industry in which products and services offered are <em>similar</em> <em>but not perfect substitutes. </em>This type of industry, is familiarized with customers in their everyday lives.
Monopolistic competition has characteristics between perfect competition and monopoly and firms involved have similar degrees of market power. Firms in this industry are also price makers as producers in this type of industry, have control over the pricing of their goods and services.
Demand is subject to changes in price, indicating that <em>demand is highly elastic in monopolistic competition</em>. Entry and exit barriers are low in a monopolistic competitive industry and decisions made by one firm, does not directly affect the decisions of its competitors.
Restaurants, hair salons, cleaning products are examples in this type of industry.
Answer:
The correct answer is option A and option C.
Explanation:
Chips and salsa are complementary goods. An increase in the price of salsa will cause its demand to decline. This will cause an upward movement to the left on the demand curve for salsa.
At the same price level, the demand curve for chips will shift to the left because of the increase in the price of salsa. This is because increase in price of salsa will lead to a decline in the demand for chips even though its price remains the same.
