A. Average inventory; average daily cost of goods sold
Answer: Option C
Explanation: In simple words, the removal of restrictions on some particular product or industry by the authorities is called deregulation.
Deregulation is the process that is used when the Govt of any country wants to develop a particular industry and wants the free market flow in that industry or that particular product.
This process usually happens in economies due to the political pressures. Hence from the above we can conclude that the correct option is C .
Answer:
A. account balance being audited is fairly stated.
Explanation:
The auditors principal objective when using a sample of tests of details of balances is to know whether the account balance being audited is fairly stated.
To select a sample size for substantive tests of balances, the auditor should consider a decrease in the tolerable misstatements in order to have a larger sample.
When price increases by 5%, quantity supplied increases by 4%.
<h3>What is the change in the quantity supplied?
</h3>
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. There is a positive relationship between price and quantity supplied
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
0.80 = percentage change in quantity supplied / 5%
percentage change in quantity supplied = 5% x 0.80 = 4%
To learn more about the price elasticity of supply, please check: brainly.com/question/13017816
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Answer:
Line extension
Explanation:
Line extension is the term which occurred when the company or business introduce the extra or the additional items in the category of the same product under the same brand name.
Therefore, it is (line extension) the strategy used by business for developing the individual offerings for appealing to the different segments of the market while the remaining closely related to the product line which is existing.
