Answer:
C. the price is below the equilibrium price
Explanation:
Remember, in the law of demand and supply the quantity supplied is dependent on the value of the price of a good.
In this case the price is below the equilibrium price; meaning demand would be higher than the supply which results in the shortage of the good and the company therefore raises the price of the good.
For example, the price of oranges decrease in the equilibrium price (from $10 to $5), resulting in an increase in the demand for oranges.
The increase in demand would lead to shortage, making farmers increase price wanting to supply more.
Answer:
Go to the room beforehand and figure out what technology he needed to bring.
Explanation:
In bussiness presentation you wont always expect your client to provide you with the technology needed to give the presentation. It is best for you to ask and then come prepared rather than go empty handed.
Quality control is a system maintaining standards in manufacturing products by testing a sample of the output against the specification.
Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses.
Hope this helped :)
Have a great day <span />
Answer:
A) allows us to make interpersonal utility comparisons.
Answer:
Momentous Occasions
a. Revenue of $1,000 is recognized on April 2, though the cash receipt is recorded on March 3 as deferred revenue. This means that the recognition occurred on a separate date from when the cash was received.
b. Revenue of $4,100 will be recognized on the date the party is held and not on the February 28 date when the cash was received. This means that the recognition occurred on a separate date from when the cash was received.
Explanation:
Momentous Occasions is required to recognize revenue on the date the service is performed and not when the cash is received in accordance with the accrual concept, unless it chooses to use the cash basis as a small business.