Answer:
The primary difference between product markets and factor markets is that:
Product markets are markets related to products, goods, tangible finished items. This is where you'll get your product for sale and where people will buy it.
while
Factor markets are for the factors of production, mostly intangible, like labor, capital and entrepreneurial skills. This is what you'll use (including raw materials) to make your product.
Answer:
False
Explanation:
Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down
So the given statement is false
Answer:
Bali Sales Company
Identifying events as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE):
Event Type Assets = Liab. + Equity Rev. - Exp. = Net Inc. Cash Flow Type
1. AE + - = NA + NA NA - NA = NA -0A
2. CE + = + + NA NA - NA = NA -OA
3. CE - = - + NA NA - NA = NA +OA
4a. AS + = NA + + + - NA = + +OA
4b. AU - = NA + - NA - + = - -OA
5. CE - = - + NA NA - NA = NA -OA
6a. AS + = NA + + + - NA = + +OA
6b. AU - = NA + - NA - + = - -OA
7. AU - = NA + - NA - - = - -OA
8. AU - = NA + - NA - - = - -OA
9. AE +- = NA + NA NA - NA = NA -OA
10. AU - = NA + - NA - - = - -OA
Explanation:
All the events are classified under operating activities for the cash flow type. There are no investing activities (IA) nor financing activities (FA) in any of the events listed. The workings above show the accounting equation in operation as it affects elements of the financial statements.
Answer: demand decreases and supply stays the same
Explanation:
The equilibrium price refers to the price whereby the quantity of goods that's demanded and the quantity of goods that's supplied is equal.
On the other hand, the equilibrium quantity is gotten when the quantity of goods demanded and supplied are equal. This is gotten when the demand curve and the supply curve intersects.
It should be noted that there will be a lower equilibrium price and quantity if
In a situation whereby the demand increases and the supply remains the same, the equilibrium quantity and the equilibrium price will increase and vice versa.
The Atlantic Periphery is still particularly subordinate financially on its marine assets, and the locale is prime natural surroundings for some districts of fish. Nonetheless, many years of overfishing have put numerous monetarily imperative species on the edge of getting to be noticeably wiped out. In the event that there is to be reasonable angling of these species, later on, they should be permitted to recuperate.
