Which career requires less education than an Auditor?
A) Accountant
B) Bookkeeper
C) Credit Analyst
D) Financial Manager
Answer:
Substitutes
Explanation:
The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.
Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.
Answer:
True
Explanation:
Some countries are known to have people with special skills and competences that may not be available to others.
Hence where a company sees that the skills and competence required may not be adequately available in the local market, the company has the option of hiring employees from outside the country.
This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.
Yes, yes (si, si) yis yis
Answer:
Resources of economic value owned by the company
Explanation:
An asset is a resource controlled by the entity (company or business) and from which future economic benefits are expected to flow to the entity as a result of having this entity.
Assets can be divided into non-current and current assets. Non current assets are assets that are expected to be retained by the business for at least a year while current assets are assets that are constantly changing during the course of the business's activities.
