Answer:
<u>Threat of new entrants.</u>
Explanation:
Porters Five Forces includes;
- The bargaining power of customers,
- The threat of substitute products or services and others,
- The bargaining power of suppliers,
- Competitive rivalry and finally,
- Threat of new entrants.
However, it is the threat of new entrants scenario we find in Bigfoot's case because Zappos is experiencing reduced market share because of the new entrant (Bigfoot).
Answer:
b. Salaries and Wages Expense 400 Salaries and Wages Payable 400
Explanation:
The expense shall be recognized in the accounts of Colleen's employer at September 30, in respect of the salary earned by Colleen Mooney for the last week of September.
The following adjusting entry shall be recorded in Colleen's employer accounts:
Debit Credit
Salaries and Wages Expense 400
Salaries and Wages Payable 400
Based on above journal entry, the answer shall be b. Salaries and Wages Expense 400 Salaries and Wages Payable 400
Answer:
A) Analogous Estimation
Explanation:
Analogous Estimation is the process of comparing past costs and expenses of projects to make estimations for the current projects. This is usually used when there is data limitation for accurate estimations on the current projects.
Parametric is where a unit rate is devised to calculate project costs comprising of several units.
Bottom up estimation deals with estimating smaller cost components and then using the sum of these components to make larger estimates.
Option D is based on rough estimates on the time and effort required for a project.
None of the other options thus take into account past work other than the analogous estimation technique.
Hope that helps.
<h3>The short-run aggregate supply curve shows the relationship between the price level and aggregate expenditure
</h3>
Explanation:
A short-run aggregate supply curve (SRAS) is a graphical model that shows the positive relationship between aggregate price level and aggregate production amount supplied in an economy. The short-run aggregate supply curve is sloping upward as the supplied quantity increases as the prices increase.
The short-run aggregate supply curve captures the relationship between the actual output and the price level. True production becomes bigger as the price level increases. As the price level decreases, actual production decreases too.
