Answer:
d) all of the above.
Explanation:
All of the above statement correspond to different definitions of demand that economists use on a daily base.
Statement A) refers to aggregate demand, which is roughly equivalent to GDP.
Statement A.2) refers to demand schedule, which is also simply referred to as demand in the press, or in informal contexts.
Statement B) refers to an equilibrium quantity demanded, which occurs when supply and demand meet under an equilibrium price.
Statement C) refers to quantity demanded because it is not always relevant, when talking about demand, whether the good demanded is a necessity or a luxury.
Answer:
bonds payable 313,000 debit
loss at redemption 21,520 debit
discount on bonds payable 9,000 credit
cash 325,520 credit
Explanation:
face value of the bons 313,000
discount <u> (9,000) </u>
book value of the bonds 304,000
They are called at 104/100 of the face value of $313,000
that is: 325,520 dollars
we have paid 325,520 dollars for bonds worth 304,000 dollar in our accounting thus, we have a loss for 21,520 dollars
Answer:
a. 1, 5 and 7
b. Resources will be allocated inefficiently
c. Differing sizes and capacities
d. Benefits due to economies of scale
e. Reduce prices and improve resource allocation.
Explanation:
The correct combination is 1, 5 and 7. The price of a pure monopoly firm is much higher than that of purely competitive firm because the later is a price taker while the former is a price fixer. Because of this, output of monopoly is lower while the profit margin is higher than that of competitive firm.
Assuming that a pure monopolist and a purely competitive firm have the same unit costs. In the case of a pure monopolist, resources will be allocated inefficiently because the monopolist does not produce at the point of minimum Average Total Cost and does not equate price and Marginal cost.
Even though both monopolists and competitive firms follow the MC = MR rule in maximizing profits, there are differences in the economic outcomes because pure competitors lack capacity and are smaller in size while the monopolist has the capacity to expand inorder to maximize profits.
The costs of a purely competitive firm and a monopoly may be different because the monopolist is capable of taking advantage of cost reduction arising from economics of scale. Pure competitors does not experience economies of scale due to their small sizes.
If a monopoly can experience economies of scale, it can reduce prices beyond that of the pure competitor thereby ensuring a more efficient resource allocation.
A major goal of use of an electronic health record is the sharing of important clinical information about a patient. The use of
Continuity of Care Documents (CCD) is directly related to this goal.
>Electronic health record<span> (</span>EHR<span>), or </span>electronic<span> medical </span>record<span> (EMR), are the systematized collection of </span>patient<span> and population </span>electronically<span>-stored </span>health information<span> in a digital format.</span>
Answer:
capitalize the new cost as an asset to be amortized over future periods expected to benefit
Explanation:
A capitalized cost is a cost which is added to the cost basis of a fixed asset on a company's balance sheet. This Capitalized costs are sustained from the purchase or construction of fixed assets. Example of such costs are costs of materials, sales taxes, labor, transportation, and interest incurred to finance the construction of the asset.
This is usually done for items that would be used over a long period of time, therefore the item is capitalized and amortized or depreciated over its future periods.
