Answer:
A. It is a valuation method.
Explanation:
The matching principle is used to assign same costs with the same revenues. For example the inventory bought to make the product would be assigned like wise to assure the guideline of matching principle.
It is a valuation method.
It is used to evaluate the accounting procedures.
For example let us assume that we are selling candies. But the advertisement is run once the candies have been manufactured and sealed. So the matching principle states that the advertisement expenses to be included in the income statement having the corresponding stock of candies manufactured and sold.
One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.
Answer:
public good
Explanation:
Based on the information provided within the question it can be said that the type of failure that is involved is known as a public good. This term refers to a good that can benefit various individuals but is not excludable to anyone based on whether they can pay or not. Such as the highways being built, since they cannot prevent individuals who do not pay from using it.
Answer:
The correct answer is c. firm-level demand
Explanation:
Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.
When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.
