Answer:
A) Outdoor advertising
Explanation:
Outdoor advertising are kind of advertisement that publisize the product of organization. It should be noted that Outdoor advertising refers to billboards along streets and highways, as well as posters in other public locations.
That would be B) Customers
Answer:
$600,000
Explanation:
Patent is an intangible non current asset that may be amortized over the estimated useful life.
Given that Alatorre purchased a patent from Vania Co. for $1,000,000 on January 1, 2018 and the patent had a remaining legal life of 10 years, expiring on January 1, 2028
Annual amortization expense = $1,000,000/10 = $100,000
During 2020 ( the patent would have been amortized for 2 years), the accumulated amortization
= 2 × $100,000
= $200,000
The net book value then
= $1,000,000 - $200,000
= $800,000
If the economic benefits of the patent would not last longer than 6 years from the date of acquisition, it means it has a remaining useful life of 4 year from 2020.
Amortization for 2020 = $800,000/4 = $200,000
The amount of the patent net of net of accumulated amortization, at December 31, 2020
= $800,000 - $200,000
= $600,000
Answer:
D) People are willing to buy additional quantities of a good only if its price falls.
Explanation:
Marginal utility is the additional satisfaction that a person gets from consumption of an extra unit of a product.
Diminishing marginal utility states that as more units of a good is consumed the satisfaction derived reduces.
Since people are less satisfied with consumption, they are less willing to to pay for more.
However if the price of the good falls people will now be more willing to buy as they are spending less on a product they are less satisfied with.
When the Fed purchases bonds on the open market, it expands the amount of money available to the general public by exchanging the bonds for cash. In contrast, if the Fed sells bonds, it reduces the money supply because it takes money out of circulation in return for bonds.
<h3>What is money supply?</h3>
Lower interest rates are often a result of increased money supply, which leads to more investment and more money in consumers' hands, which in turn boosts consumption. In response, companies place larger orders for raw materials and boost output.
People like to hold more money while interest rates are falling than when they are rising, and vice versa. Another method for bringing the money supply and demand into balance is through price changes. When people have more nominal money than they need, they spend it more quickly, driving up prices.
When the Fed purchases bonds on the open market, it expands the amount of money available to the general public by exchanging the bonds for cash. In contrast, if the Fed sells bonds, it reduces the money supply because it takes money out of circulation in return for bonds.
To learn more about money supply refer to:
brainly.com/question/1456933
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