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kodGreya [7K]
2 years ago
9

The Law of Demand states that when the price of a good rises, the Quantity Demanded will (Click to select) . b. The Law of Deman

d states that when the price of a good falls, the Quantity Demanded will
Business
1 answer:
lord [1]2 years ago
5 0

Answer: See explanation

Explanation:

a. The Law of Demand states that when the price of a good rises, then the Quantity Demanded will (fall)

b. The Law of Demand states that when the price of a good falls, then the Quantity Demanded will (rise).

According to the law of demand, when there's an increase in the price of a product, there'll be a reduction in the quantity of the good that will be demanded by the consumers and vice versa.

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Jason and Katrina work on the loading dock for Longhaul Transport Company. Jason has a disability. Katrina has seniority. Jason
SSSSS [86.1K]

Answer:

Katrina's seniority is a good defense.

Explanation:

Industrial Jurisprudence

This is refered to as a system of rules and regulations that is used by labor and management fashion to show their specific employment rights and obligations in the work environment.

Seniority System

This is refered to as different rules and procedures usually within an agreement that shows the allocation of certain job situations including promotion, layoff and recall, as well as certain economic benefits based on length of service. This is application to many organizations.

Seniority

This very important measure of employee job security and it start with acquiring seniority on the date & time of hire (cannot be awarded until completion of probationary period).

Jason may lose the case as a result of the seniority system.

5 0
3 years ago
In the short-run, fixed costs __________ with quantity produced. variable costs _________ with quantity produced.
Anvisha [2.4K]

In the short-run, fixed costs<u> all</u> with the quantity produced. Variable costs<u> at least some</u> with the quantity produced.

A Variable cost is a corporate price that changes in share to how plenty an employer produces or sells. Variable charges grow or decrease depending on an enterprise's manufacturing or income extent—they rise as manufacturing will increase and fall as production decreases.

Variable costs are charges that trade as the volume changes. Examples of variable costs are raw substances, piece-price labor, manufacturing resources, commissions, transport charges, packaging resources, and credit card expenses. In some accounting statements, the Variable costs of manufacturing are called the “fee of goods offered.”

Variable costs are prices that trade as the quantity of the good or carrier that a commercial enterprise produces modifications. Variable charges are the sum of marginal fees over all devices produced. They also can be taken into consideration in everyday expenses. Fixed charges and variable expenses make up the 2 components of general value.

Learn  more about Variable costs here brainly.com/question/5965421

#SPJ4

3 0
2 years ago
At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $779,000. Chan records it
ki77a [65]

Answer and Explanation:

The journal entries are as follows

On December 31

Bad debt expense Dr  $2,337     ($779,000 × 0.30%)

     To Allowance for doubtful debts  $2,337

(Being the estimated bad debt expense is recorded)      

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance as it decreased the assets  

On Feb 01

Allowance for doubtful debts Dr $390

    To Account receivable $390

(Being the written off amount is recorded)

For recording this we debited the allowance as it increased the allowance and credited the account receivable as it decreased the assets

On June 5

Account receivable $390

     To Allowance for doubtful debts Dr $390

(Being the uncollected amount is recorded)

For recording this we debited the account receivable as it increased the assets and credited the allowance as it decreased the assets  

On June 5

Cash Dr $390

      To Account receivable $390

(Being the cash received on account is recorded)

For recording this we debited the cash as it increased the assets and credited the account receivable as it decreased the assets  

3 0
3 years ago
On January 1, Year 1, Eureka Company issued $290,000 of 4-year, 5% bonds at face value. The annual cash payment for interest is
zhannawk [14.2K]

Answer:

$304,500

Explanation:

Interest payable on December 31, year 1 = $290,000 * 5%

Interest payable on December 31, year 1 = $14,500

Total amount of liabilities to be reported on the Balance Sheet, year 1:

= $290,000 + $14,500

= $304,500

So, the total amount of liabilities related to these bonds that will be reported on the balance sheet at December 31, Year 1 is $304,500.

5 0
3 years ago
Assume the store orders boxes in batches of 100 but no quantity discounts are given. Which of the following statements is true?
leonid [27]

Answer:

B. Monthly ordering cost is greater than monthly holding cost

Explanation:

B is correct because monthly ordering cost for 15 orders ( quantity / order size) will be 15x20 =300  Which is higher than the holding cost = 100x1 =100

4 0
3 years ago
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