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2 years ago

If demand increases in a market then if supply is upward sloping this will lead to:

Business

1 answer:

dalvyx [7]2 years ago

5 0

Explanation:

If demand increases and supply remains same there will be a shortage and prices will increase

If demand decreases amd the supply remains same there will be surplurs and the price will go down

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Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December he performed $

nordsb [41]

Answer:

Should Manny send his client the bill in December or January?

Send the bill in January because in cash method accounting recognized when payments are made.

In december he recognized only income because is in advance.

Explanation:

The cash method of accounting requires that sales be recognized when cash is received from a customer, and that expenses are recognized when payments are made to suppliers.

6 0

3 years ago

An economic system:

seropon [69]

Answer:

B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem.

Explanation:

Economic system -

It is the system that is responsible for the resource allocation , production and the distribution of the services and goods , is known as an Economic system .

Economic system includes - the institutions of decision-making , agencies .

It works to deal with the problem related to the economy of a country or society .

Hence , the correct option is ( b ) .

5 0

2 years ago

Tatiana [17]

Explanation:

The journal entries are shown below:

a. Inventory Dr $23,500

To Account payable $23,500

(Being inventory purchased on credit)

b. Account payable Dr $4,200

To Purchase return $4,200

(Being the return of the inventory is recorded)

c. Account payable Dr $19,300

To Cash $19,300

(Being the payment of the invoice is recorded)

3 0

2 years ago

According to surveys, the second largest expense of a typical American<br> consumer is

lesantik [10]

Answer:

Social Security

Explanation:

3 0

2 years ago

Read 2 more answers

poornima gupta is retiring soon, so she is concerned about her investments providing her steady income every year. she is aware

pshichka [43]

In a case whereby poornima gupta is retiring soon, so she is concerned about her investments providing her steady income every year, the risk is poornima most concerned about protecting against is interest reinvestment risk.

<h3>What is interest reinvestment risk?</h3>

Reinvestment rate risk can be described as the risk that should be considered in the case whereby the investor have the reason to carry out reinvestment in regards with the future cash flows which could come inform of a lower return as a result of the interest rate declines.

It should be that this risk is very important to be taken serious by the investors because any slight mistake can result to very huge lost in the part of the investor and this can bring down there investor in term of finance which is very dangerous for his health as well as other investment that he have outside.