Answer:
A. increase in the price of the product
Explanation:
An increase in price of the product leads to a movement along the demand curve and not a shift of the demand curve.
A decrease in consumer income shifts the demand curve to the left
An increase in the price of a substitute leads to an increase in demand when a shift of the demand curve to the right.
I hope my answer helps you
Answer:
The City of Mayville
The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.
Explanation:
a) Data and Calculations:
Total fund balance in General Fund = $200,000
Inventory = $28,000
Prepaid Rent 10,000
Encumbrances 60,000
Restricted fund = $42,000
b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.
The options in this question are missing; here is the missing section:
What two types of departmentalization are illustrated in this example?
A. Product and customer
B. Product and geographical
C. Customer and geographical
D. Functional and customer
E. Geographical and functional
The answer to this question is B. Product and geographical
Explanation:
Departmentalization refers to the creation of departments, units, etc. in businesses to better achieve goals and distribute roles and activities. This can be based on location, products, function, etc.
In the case of Spicy Dish, there is a clear geographical departmentalization because this distributor has created units based on location, due to this, the company has a unit in each major geographical region such as North America, Europe, etc. Moreover, this company has created units based on products because in North America they created two different units and each specializes in one of their products (beans/salsa.)
