Answer:
Just prior to completing the adjusted trial balance, Paula prepared the <em><u>Adjusting entries </u></em>section. After she finishes the adjusted trial balance, she will complete the <em><u>financial statement </u></em>section of the worksheet.
Explanation:
Starting from the two first column of the unadjusted trial balance The accountant will prepare and complete the adjusting entries section. After that, the combination of the unadjusted TB and the adjusting entries will give the adjusted trial balance. After that, the account balance is distributed according to the financial statement --> Balance sheet and income statement.
If a consumer believes that the price of the good will be higher in the future he is more likely to purchase the good now. If the consumer expects that her income will be higher in the future the consumer may buy the good now. In other words positive expectations about future income may encourage present consumption.
Plz post a photo or answer choices of the problem
What does it mean that his salary doubled?
this means that for example, if it was 1000 dollars, it would be 2000 dollars now, and it if was 2000 dollars, it would be 4000 dollars now.
This can be written down as $2x where x is the initial salary. (so if x=1000, the new salary is 2x=2*1000=2000
Answer:
Haagen-Dazs vanilla bean ice cream
Explanation:
Demand is said to be most elastic if a slight change in price leads to a drastic change in quantity demanded. Normal goods are least elastic as increase in price does not lead to tremendous decrease in price.
However, luxury goods are most elastic as these goods are preferred when their prices are lower. They are not essential. As such, demand falls drastically in case of rise in price. So, Haagen-Dazs ice cream would have most price elasticity as this is a luxury good and rest of the items are normal goods.
