Answer:
Trinkle Compnay
Details Amount $
Un adjusted Balance as Per Bank Statement on Jun 30 $81,500
Add : Deposit in Transit Jun $3,150
Less : Outstanding Check June 30 $(5,611)
True Cash Balance As on June 30 $79,039
Explanation:
Answer:
C. Real GDP is the variable most commonly used to measure short-run economic fluctuations. These fluctuations can be predicted with some accuracy.
Explanation:
GDP is the sum of the values of all goods and services produced by an economy in a given period. The difference between nominal GDP and real GDP consists in the fact that nominal GDP is calculated at current prices, while real GDP is calculated at constant prices, ie it is calculated under a base year chosen to eliminate the effect of inflation. A more consistent assessment considers real GDP. The measurement technique consists of deflating GDP by a price index that allows measuring only changes in quantities and not in market prices. Usually, the techniques for measuring GDP have a good forecast.
Answer:
concept definition - demonstration - development - production
Explanation:
Research and development is mainly concerned with the development of a new concept, incorporation into a product, and delivery of product to the market as a way to improve the bottom line of the company.
It allows companies maintain a competitive edge over others in the same industry by bring new and innovative products to the customer.
The stages of R&D include: concept definition - demonstration - development - production.
The innovative idea is first defined and feasibility is evaluated.
The concept is demonstrated to show practicability of the idea.
The concept is further developed to suit customer needs.
Finally production and marketing is done to make product available to the customer.
When businesses raise the price of a needed product or service after a natural disaster, this is known as price gouging. Price gouging is something that businesses do after a natural disaster when they know consumers are going to need a specific product or service so they raise the price because they know people are going to buy it anyways. An example of this is when they raise gas prices after a natural disaster, knowing people still need gas.
Answer: C is the result of an increase in income of 4
Explanation:
When the income elasticity of a good is negative, it means that it is an inferior good because inferior goods see their quantity demanded fall when income rises and vice versa.
In this case therefore, the income must have risen for the quantity demanded to decrease.
Income = Quantity demanded / Income elasticity
= -8 / -2
= 4
<em>Income therefore increased by 4. </em>