The Jevons paradox occurs when technological progress or government policy increases the efficiency with which a resource is used, but the rate of consumption of that resource rises due to increasing demand.
Answer:
The farmar wants to have a say in what products and the end result of production
Answer: See explanation
Explanation:
a. The Journal entries to record the issuance of the note will be:
Debit Accounts payable $10000
Credit Notes payable $10000
(To record the issuance of note to creditor)
b. The journal entry to record thehe payment of the note at maturity, including interest will be:
Debit Notes payable $10000
Debit Interest expense $125
Credit Cash $10000 + $125 = $10125
(To record the payment on the note on maturity.
Note:
Interest expense = $10000 × 5% × 90/360
= $10000 × 0.05 × 0.25
= $125
Answer:
New price = Initial price(1.75) ;
$21
Explanation:
Given that:
Original price = $12
Percentage increase = 75%
The percent equation :
Initial percentage = 100%
Proposed % increase = 75%
New price = initial price(100% + 75%)
New price = Initial price(1 + 0.75)
New price = Initial price(1.75)
The New price is thus ;
$12 * 1.75 = $21