Answer:
Dr Visa card 194
Dr Bank charges 6
Cr Sales revenue 200
Explanation:
Crane Company Journal entry
Dr Visa card 194
Dr Bank charges (200*3%) 6
Cr Sales revenue 200
Answer:
C) Gasoline was rationed in America during World War II
Explanation:
Scarcity is the situation where there is no human control over the demand and supply of the goods and services. Shortage is the situation which is under the control of human.
As if there is shortage more can be supplies but if there is a scarcity of a resource then it is a natural process which takes time or there are certain political and economic situations which lead to scarcity.
Answer:
The most applicable answer from my point is in such a scenario, producers overproduce the product because of a supply-side market failure.
Explanation:
So what is market failure? Simple, Market failure occurs when a market is unable to effectively and efficiently manage its resources because of the breakdown of price mechanisms functions which rare caused by negative and sometimes positive externalities.
In here, Supply side market failure occurs when the producers don't have to pay the full cost of their output. That is the actual cost of production is greater that the recorded cost.
In Market failure, the supply and demand of the market do not meet the equilibrium price and quantity and eventually leads to the loss of social welfare and ineffective economic decision making.
Imperfect information in the market and the increase of power in the sellers side could lead to supply side market failure.
Answer:
The options for this question are the following:
1--prescriptive role
2--predictive role
3--descriptive role
4--diagnostic role
The correct answer is 2. Predictive Role.
Explanation:
Predictive marketing is nothing more than a method that relies on Big Data to extract relevant data (in real time) about user behavior, in a way that allows you to define behavior patterns and anticipate user needs or to the next actions that they are going to take. From this analysis, a marketing strategy is designed according to the needs of that target that we have identified, for example, showing them an advertisement according to their tastes, showing them articles or products that complement other products that they already have.
