Answer:
diminishing marginal utility
Explanation:
According to diminishing marginal utility, the utility of consuming an extra unit increases until a point. After that, the utility tends to diminish from consuming an extra unit. The marginal benefit to society of reducing pollution declines due to diminishing marginal utility concept. The benefit of a decrease in pollution starts to decline after a certain period of time.
Answer:
1. 23-24
2. 65+
3. very little teens pay taxes, meaning they dont have a job
4. it is easier for 18+ people to get hired for a job
5. jobs would need to become more readily available for younger people
Answer:
the journal entry to record this sale should be:
Dr Accounts receivable X
Dr Credit card fees Y
Cr Sales revenue X+Y
Explanation:
The journal entry to record sales using credit cards issued by banks, e.g. VISA, MasterCard, etc., which pay immediately or almost immediately (the same day or the following day) and manage the payments through the company's bank account:
Dr Cash X
Dr Credit card fees Y
Cr Sales revenue X+Y
Since credit cards not issued by banks (e.g. many American Express cards are issued by American Express itself not by banks) do not pay immediately, a company must record an account receivable, it cannot record cash. In order to collect the payment, the company must submit the credit card receipt to the credit card company and then wait for it to be processed and paid. This may take a few days or even a couple of weeks.
