Retained earning
Explanation:
A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.
Retained earnings form part of a company's capital. It is money that shareholders have contributed to the business by not sharing in profits.
Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Answer:
Commodification is the process of packaging and marketing crime information for popular consumption and commercial profit.
Explanation:
Commodification is the conversion of anything like goods, services, ideas, nature, private information, people, or animals into tradeable goods or commodities in a capitalist economic system. According to Arjun Appadurai, the most fundamental definition of a commodity is "something designed for exchange" or "anything of economic value."
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Anomie is the lack of the usual social or eithnical standards.
