Answer:
The correct answer is True.
Explanation:
The answer is not very simple to give; However, some experts in the field say that most people base their purchase decisions on "their perceptions about the value that different products or services provide"; which, overcomes the barrier of the lowest price or higher quality.
For this reason, today it has been widely reported that successful companies do not deliver products in exchange for a profit, but rather: Value in exchange for a profit.
Answer:
C
Explanation:
When owning a business a corporation there are many rules and laws to be followed you have to go through many things for the government and keep up your end of the deal that you've made with owning your own company.
Answer:
Hope this helps
Explanation:
His utility function is U=XY9. The price of X is 10 dollars and the price of Y is 20 dollars and Jerry has an income of 500 dollars. Suppose the price of Puffy Shirts increased to 20 dollars. The compensated bundle is 2.6794, 24.1149.
Answer:
B) $0
Explanation:
The IRS doesn't allow not-for-profit organizations to record any revenue from volunteer service, the same happens with individuals, since it doesn't allow them to deduct monetary value for their volunteer service.
The organizations can record certain expenses related to the volunteer work, e.g. travel expenses, food, etc.
Answer:
The journal entry for the following economic activity is given below.
Explanation:
Interest revenue = 6000*12% * 91/360 = 182
Date Account Title Dr Cr
Oct 31 Cash 6,180
Notes receivable 6,000
Interest revenue 180
