Answer:
ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.
Answer:
The entire demand curve will shift upwards
Explanation:
SEE IMAGE ATTACHED
The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a positive shift in demand from D1 to D2, resulting in an increase in price (P) and quantity sold (Q) of the product.
Answer:
Explanation:
1. The computation of the balance in retained earnings is shown below:
= Beginning retained earning balance + adjusted net income
where,
Beginning retained earning balance is $780,000
And, the adjusted net income is = Inventory × ( 1 - tax rate)
= $60,000 × (1 - 40%)
= $36,000
Now put these values to the above formula
So, the value would equal to
= $780,000 + $36,000
= $816,000
2. The journal entry is shown below:
Inventory A/c Dr $60,000
To Retained earning A/c $36,000
To Tax payable A/c $24,000
(Being inventory is adjusted and the remaining balance is credited to tax payable account)
Answer:
"Structural Unemployment"
Explanation:
According to my research on the different types of unemployment that exist in the United States, I can say that the unemployment type described in the question is called "Structural Unemployment". This is an unemployment type that is caused by industrial reorganization, usually this happens when the industry adds new technology that can do certain employees jobs the same or better than them
unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Answer:
SEGMENTATION
Explanation:
The important elements involved of a firms business model are its TARGET market basis for differentiation and it segmentation these three elements involved results into important elements of a business model.
