The profit and loss account is used to determine the net profit of the business. The starting point for the profit and loss account is the balance carries down from the trading account which is the gross profit of business. Hope this helped you out...
Explanation:
Classifying of each situation with the correct combination of change in price and quantity:
a. On a hot day, both demand for lemonade and supply of lemonade increase - Pp? Q increase
b. On a cold day, both demand for ice cream and the supply of ice cream decrease - Pp? Q decrease
c. When Hawaii's Mt. Kilauea erupts violently, the demand on the part of tourists for sightseeing flights increases but the supply of pilots willing to provide these dangerous flights decreases- P increase Qq?
d. In a hot area of Arizona where they generate a lot of their electricity with wind turbines, the demand for electricity falls on windy days as people switch off their air conditioners and enjoy the breeze. But at the same time, the amount of electricity supplied increases as the wind turbines spin faster - P decrease Qq?
It is know as extracurricular activities
Answer:
C
Explanation:
I'm smart boy that's y because y = u and u nedda pay attention in class blood
"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.
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What is the term Comparative advantage about?</h3>
Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.
Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.
Therefore, correct option is B.
Learn more about comparative advantage, refer to the link:
brainly.com/question/15217561