Answer: C) and D) answers.
Explanation: The rental market must have a free operation, that is, supply and demand have to set their price level, especially since, in this case, the product is not fungible, that is, it is not interchangeable. Each floor varies in location, number of square meters, construction qualities, etc. You cannot set a fixed reference price. Another of the most repeated consequences by experts is that the limitation will cause a reduction in supply, but demand will not go down, which will necessarily lead to greater tension in rental prices.
Answer:
C. $24,000
Explanation:
We assume that the company follows the percentage-of-sales method. In this method, the company ignored the previous balance of allowance for Doubtful Accounts
So, the amount of the adjusting entry to record the estimate of the uncollectible accounts would be
= Net credit sales × estimated percentage given
= $600,000 × 4%
= $24,000
All other information which is given is not relevant. Hence, ignored it
Answer:
The lack of blinding
Explanation:
Seeing the price of each wine is a confounding variable. The participants might already think that expensive wines will taste better than cheaper wines.
Answer:
More of good Y should be consumed to increase total utility.
Explanation:
The price of good X is Px = $10, and the price of good Y is Py = $5.
The marginal utility of X is MUx = 60 utils, and the marginal utility of Y is My = 15 utils.
The total utility from the consumption of the two goods will be maximized when the ratio of the marginal utility from last unit and the price of the good will be equal for both the goods.
The ratio for good X
=
= 6
The ratio for good Y
=
= 3
Since the ratio is greater for good X, the consumption should shift from good X to good Y in order to maximize utility.
Answer:
The correct answer is C)
Money Market Funds
Explanation:
Money Market Funds is not a Savings Account.
Any mutual fund that invests in short-term debt instruments, cash, and cash equivalents such as Treasury Bill and Commercial Paper which is high in quality may be refered to as a money market fund. So it is essentially an investment not a savings account.
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