Answer;
Based on Supply and demand; If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.
Explanation;
In a market the price is determined using the law of demand and supply in that particular market. Demand is the quantity of goods that consumers are willing and able to buy at a given price while supply is the quantity supplied by suppliers at a particular price.
If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.
Based on financial information, managerial accountants assist businesses in determining when, where, and how much money to spend. Decision-makers can use common capital budgeting indicators, such as net present value and internal rate of return, to determine whether to start expensive projects or acquisitions.
Managers use accounting data to help with decision-making, management, and the execution of their control functions. This practice is known as management accounting.
The term "managerial accounting" refers to a system of accounting that produces documentation, reports, and statements that aid management in making better judgments about the operation of their company. Internal uses make up the majority of managerial accounting.
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Answer:
Remember that according to the accrual concept, the advances received are not earnings until you have delivered you consideration. This means that the revenue would be only that part of the advances received which we have compensated by our consideration. Consideration means any product or service which has a monetary value. The consideration here requires to be delivered in three months time. Here the year end is 31 December so the amount that must appear as revenue in the year must be 1 month share out of 2 months total ($2700 * 1/2 = $1350).
So the entry would be to decrease in the unearned fees which is liability (must be Debited) and an increase in the Earned Fees (Revenue increases are always Credited) by amount $1350.
Dr Unearned fee $1350
Cr Earned Fees $1350
So the option d by seeing the entries mentioned above, is correct answer.
Answer: B. the social benefit from consuming the good to be greater than the private benefit.
Explanation:
A POSITIVE EXTERNALITY is one where the benefits are enjoyed by a third party as a result of an economic transaction.
Even though the third parties can be considered to be freeloaders, this externality is encouraged because it has such a larger social benefit which surpasses even private benefit.
For example, a student graduating from a university with skills they learnt there and contributing to society.
nav remain the same and the fund started the year at the Holding period return for the year.
Funding is the provision of resources to fund a need, program, or project. This is usually in the form of money, but can also be provided in the form of effort or time from an organization or business.
Generally, the term is used when a company uses retained earnings to meet its liquidity needs, whereas the term funding is used when a company raises capital from external sources. increase.
Donations, grants, savings, subsidies, taxes. "Soft Funding" or "Crowd Funding" refers to funding that does not require immediate repayments, such as donations, grants, and grants.
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