Answer:
1) Product has more demand.
2) Competition.
3) Buying pattern of the consumer.
4) Economic Enviroment
5) The Governments Policy
Explanation:
Some main factors of pricing up a product.
The answer is,
<span>To provide an overall review of the financial information and assessment of the adequacy of evidence gathered during the audit engagement
This choice will provide enough evidence as a financial information. The overall finance would give ll the needed dates of transactions.
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Thank you for the points man ;)
Answer:
In percentage terms It wil lbe an increase of 60%
Explanation:
We will calculate as follow:
currently the revenue is 1.55
if the price goes up to 3.10 the demand falls by 20%
so we are reducing sales revenue by 20%
3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48
Now we can calculate the percent of change in the water expenditure:
2.48/1.55 - 1 = 0.60
In percentage terms It wil lbe an increase of 60%
