On the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
<h3>What is AS curve?</h3>
It should be noted that the AS curve simply means the aggregate supply curve and it's the quantity of real GDP that's supplier by the economy.
In this case, on the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
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Answer:
The answer is D. first-dollar insurance coverage.
Explanation:
First dollar insurance coverage is a kind of insurance policy that has no deductible or copay, where the insurance company starts covering costs on the first dollar claimed, and in which the insurer assumes payment the moment an insurable event happens.
While there is no deductible, the amount that the insurer will pay out is often lower when compared with similar plans which have a deductible, or the premiums for the first dollar plan will be higher.
Business market managers be adept at analyzing understanding working relationships & business network because they want to promote and improve the production.
<h3>What is Business?</h3>
Business refers to the activity carried out by the individual or the group of the people in order to produce goods and services for generating the profits.
The Business Market manager helps to promote the business and the improve the production ability in the employees by maintaining the good relationship with them.
There main goal is to develop the business network by connecting with the customers. They builds more customers by maintaining the old customers and building the new potential customers.
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Answer:
Kindly check attached picture for detailed computations of section a, b and c.
Answer:
Sales $480,000
<em>Less: Expenses (Bal Figure) $419,500</em>
Less: Write Off Account <u>$7,700 </u>
Net Income <u>$52,800</u>
If Allowance Method Is Used
Sales $480,000
Less: Expenses $<em>419,500</em>
Less: Write Off Account (1.5% of 480,000) <u>$7,200</u>
Net Income <u>$53,300
</u>