Answer:
B...................................
Answer: A. low degree of substitutability.
Explanation:
Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.
Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.
Answer: c. 78,000 equivalent units.
Explanation:
Equivalent units for conversion is calculated as:
= Units completed and transferred out + Equivalent ending work in process
Units completed and transferred out:
= Units started into production - Ending units
= 90,000 - 20,000
= 70,000 units
Equivalent ending work in process = 40% * 20,000 work in process units
= 8,000 units
Equivalent units for conversion = 70,000 + 8,000
= 78,000 units
Answer:
The correct answer is d. relatively smaller shortages in the short run than in the long run because supply and demand tend to be more inelastic in the short run than in the long run.
Explanation:
Rent control laws set limits on how much landlords can charge rent. The rent control laws specify:
- What types of properties qualify for rent control.
- How often rent limits can be adjusted.
- How rent limits can be adjusted. Most rent control laws link increases in rental limits to an annual percentage of inflation in a local consumer price index.
- The conditions when a property is "out of control."
- Restrictions on the eviction of the tenant with rent control.
There are no federal rent control laws since the US Supreme Court. UU. He ruled that rent regulation is a state issue. Most states do not have rent control laws regulated. Only some cities and communities in some states continue to apply them.
In the United States, rent control laws were adopted during World War II when the country was experiencing a housing shortage. President Richard Nixon then passed the wage and price laws that influenced the modern rent control laws that are still being applied today. This is why most rent control laws usually apply to older properties built before 1980.
Answer: $1000
Explanation:
First, we calculate the amount if bad debt expense which will be:
= 3% × $50000
= $1500
Therefore, the balance of accounts receivable at the end of the first year will be:
= Amount of bad debts expense - Account written off
= $1500 - $500
= $1000
