Answer:
All of them
Explanation:
Perfects competition represents an ideal market condition with many buyers and sellers. The presence of a large number of buyers and sellers creates room for competition. A market is in a perfect competition if the following traits are present.
- A large number of firms in the market, both buyers and sellers,
- Freedom of entry and exit in the market. No cost barriers for new entrants and exciting firms
- All firms produce a similar product.
- Absence of Price Control
- Buyers have Perfect Knowledge of the Market
- Unrestricted movement of the Factors of Production and Goods
- Perfect Competition among Buyers and Sellers
Answer:
See explanation section
Explanation:
Sheridan Company
Statement of Financial Position (Balance Sheet)
As at December 31, 2018
Particulars Amount ($)
Cash $91,900
Accounts receivable xxx,xxx
Less: Bad debt <u> xx,xxx</u>
xxx,xxx
Inventory 136,500
Prepaid Insurance <u> 9,300</u>
Total Current Assets $237,700
Note: If we have accounts receivables and bad debt expense, we can easily get the accurate answer.
Answer:
The correct answer is option C.
Explanation:
The GDP of an economy includes only the final goods and services produced in the economy in the given period of time.
In the given example , the day care shows the service provided by Jack and Jill.
The crayons and color books, milk, attendants are all intermediate goods and services.
So their values will not be included in the GDP.
The GDP will only include the value of daycare sold which is $100,000.
Answer:
Explanation
Explanation:
28 of July 2012 was the day the Supreme Court upheld the constitutionality of the Patient Protection and Affordable Care Act (PPACA) in a 5 to 4 decision which was written by Chief Justice John G. Roberts. The court rightly ruled that the insurance which was provided by the Patient Protection and Affordable Care Act (PPACA) is in accordance with the legitimate use of the powers of taxation by the government and not just a certain mandate that is unconstitutional.
