1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olin [163]
3 years ago
12

When DVD players were first introduced, the price was very high, thereby preventing the average consumer from purchasing one. To

day, however, as a result of increased competition in the market, most consumers can afford one because they are significantly cheaper. By reducing the price of these products and ensuring a large number of product offerings, competition has promoted consumers' right to
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

The correct answer is: choose.

Explanation:

According to the Consumer Protection Act of 1986, the consumers' right to choose allows them to have access to different types of certain goods at fairly established prices. For this scenario to take place, the only market condition necessary is competition.

You might be interested in
You purchase fire insurance<br> a. Reduction<br> b. Transfer
34kurt

Answer:

Transfer

Explanation:

Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer

5 0
3 years ago
A few years ago the British government was considering​ retiring, or buying back from​ investors, some outstanding consols that
Artyom0805 [142]

Answer: d. coupon bond that pays a fixed coupon rate and does not mature.

$3250

Explanation:

A consol is a coupon bond that pays a fixed coupon rate and does not mature. Consols are consolidated annuities that are perpetual. A steady amount of interest is paid for a consol even though they're not redeemable

Price of a consol will be gotten as fixed coupon amount divided by the rate of return. Let's assume that the fixed coupon amount is $65, then the price will be:

= 65/2%

= $3250

8 0
3 years ago
Below are three independent and unrelated errors. On December 31, 2017, Wolfe-Bache Corporation failed to accrue office supplies
vampirchik [111]

Answer & Explanation

A)            Wolfe-Bache Corporation

Expenses will be understated thus, net income overstated.

In the balance sheet this makes assets Office supplies be overstated as it wasn't adjusted and retained earnings as well.

Prior Period Adjustment   1,800 debit

           Supplies                           1,800 credit

--to adjust supplies and recognize prior period results--

B)                Midwest Importers

rent revenue overstated thus, income statement overstated.

in the balance sheet Retained Earnings will be overstated as well.

While liabilities for the paid in advance rent will not exit thus, understated

Prior Period Adjustment   90,000 debit

           unearned revenue                 90,000 credit

--to adjust for unearned revenue on previous periods--

C)              Dinkins-Lowery Corporation

interest revenue will be understated thus, income statement as well.

In the balance sheet the note receivable net balance will be understated and so the equity as retained earnings is understated.

Prior period adjusment      8,000 debit

         interest receivable                  8,000 credit

--to adjust for missing year-end adjusting entry--

6 0
3 years ago
What is the difference between federal and private loans.
MArishka [77]

Answer:

federal loans are provided by the government and private loans are provided by banks, credit unions, and other financial institutions.

Explanation:

3 0
3 years ago
Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of
Mandarinka [93]

Answer:

Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These  common costs need to be apportioned among the joint products using any of the following basis:</em>

  1. physical units
  2. Relative sales value basis.

The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

Apportioned joint cost to A =(1,120,000/1,400,000)× 116,000=92800

Apportioned joint cost to A=$92,800

4 0
3 years ago
Other questions:
  • Graphical Designs is offering 20-20 preferred stock. The stock will pay an annual dividend of $20 with the first dividend paymen
    7·1 answer
  • The Baldwin Company currently has the following balances on their balance sheet:
    11·1 answer
  • Abby starts up Bowls Bistro to serve and sell soups for workday lunches. Abby leases space in an office building owned by Carmen
    6·1 answer
  • A clothing manufacturer makes both shirts and shorts. The sales price for shirts is $24 with variable costs of $10 and shorts ha
    12·1 answer
  • The Unadjusted Trial Balance columns of a work sheet total $97,500. The Adjustments columns contain entries for the following:
    8·1 answer
  • The activity that evaluates public attitudes, changes policies and procedures in response to the public's requests, and executes
    9·2 answers
  • Defining the research problem and research objectives is often regarded as the most difficult step in the marketing research pro
    6·1 answer
  • In 2019, Martin had two employers during the year. Both employers withheld Social Security tax from his wages in the amounts of
    12·2 answers
  • A company paid its annual dividends of $5.39 per share last week. The company expects to grow its dividends at the rate of 5.0 p
    6·1 answer
  • Trial Balance Practice
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!