Answer: consumer surplus
Explanation:
The difference between the maximum amount a person is willing to pay for a given quantity of a good and the amount actually paid for that quantity is known as consumer surplus. On a supply and demand curve, it is the area between the equilibrium price and the demand curve. For example, if you would pay 76 dollars for a cup of tea but can buy it 50 dollars, your consumer surplus is 26 dollars
Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
Answer:
Columbus was looking for a way to get to Asia (India).
Explanation:
Answer:
It would be necessary to focus on the objective information, and also to separate the influence of the present cultural environment from the past events.
Explanation:
In the study of past events, it would be necessary to take into account the idea of being objective towards the information about historical events. Since, it is known that the perception of the present surrounding environment and the social interaction lived by the researcher, could affect the study of past events,. It would be important to draw a line in order to separate the information corresponding to each epoch of time without modifying history by the influence of the present.
Answer:
Measurements of performance.
Explanation:
In many dictionaries, the metric is linked to metrification and is identified as a set of rules for verse measurement. However, in the area that interests you, it shows the result of efforts in numbers, especially those related to marketing. Another interesting point is that, besides the results, the metric also quantifies behaviors and trends, which is very important for the right decision making. In addition to these concepts, we must consider what concept metrics assume in a supply chain, in which case the metric takes forms of measurements of performance.
