One of the negative effects of making this pricing decision is that it will brings about a negative impact on consumers' perception of quality. Generally, consumers believe that a lower price for a particular commodity means a lower quality, people tend to associate higher prices with high qualities.
Answer:
that resources are perfectly shiftable from the production of one good to another.
Explanation:
Production possibilities frontier defines that is a graph showing all the different production combinations of two products which can be manufactured using present resources and technology. The production possibilities frontier incorporates scarcity, option and trade-off principles.
In other term Production possibilities frontier Indicates the cumulative production mixture of different products or services that an economy can achieve by making optimal use of all available resources.
Answer: See explanation
Explanation:
Based on the information that was provided in the question, Pablo’s case with regards to the scenario given will be regarded as a civil case due to the fact that Drew is being sued.
The Federal court will be the court where the case will hold. This is due to the fact that the parties involved are from different states. While Pablo is from New Mexico, Drew is from California. For speeding, a criminal case can also be brought against Drew.
Answer:
D both have strong involvement of the government
Explanation:
Both socialism and communism are characterized by strong government participation in economic activities. The two systems advocates for public ownership of the factor of production. The government owns and controls the production and distribution of goods and services.
Socialists and communist market systems promote the greater good of society rather than individual benefits as in the free-market economies.
The matching of the accounts to its proper balance sheet classification are : Current Assets, Current liabilities and Intangible Asset.
<h3>What is a balance sheet?</h3>
A balance sheet is a snapshot of a company's financial health. The balance sheet gives details of assets and liabilities of a company at a specific point in time.
Balance sheet are classified so that they can be easy to read and information extracted.
<h3>
Balance sheet classification are :</h3>
- Accounts payable - Current Liabilities
- Accounts receivable - Current assets
- Accumulated depreciation - Long-term current asset
- Buildings - Fixed asset
- Cash - Current Liabilities
- Goodwill - Intangible asset
- Income taxes payable - Current liabilities
- Investment in long-term bonds - Current asset
- Land - Fixed asset
- Inventory - Intangible asset
- Patent - Intangible asset
- Supplies - Current asset
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