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Rainbow [258]
2 years ago
12

China will be driving almost half of this growing market (48%) in 2025, but more,

Business
1 answer:
Nadusha1986 [10]2 years ago
3 0

multi-million ilkmlkkkjjhgdsimmm

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A new technological breakthrough increases production for an industry and shifts the supply curve to the right. If the firm ____
Katyanochek1 [597]

Answer:

The correct answer is letter "C": produces products that are considered elastic.

Explanation:

Elasticity refers to the sensitivity of a good or service to reflect change in its supply or demand after a change in price. A product's supply is said to be elastic if the changes in the quantity supplied increases and it immediately determines a price in the price.

Thus, if for technological reasons the output of a company increases, considering that the product is elastic, the prices will increases which will provide the organization more revenue. That firm will be more than glad about the technological advance.

6 0
3 years ago
Franz ask Joe if he will paint his office building for $1000. Joe says he will do it for $2000. Joe's response is called
Novay_Z [31]
Hey there!

Joe's response is called a counteroffer, which is just an offer that's made in response to an offer given by someone else.
Thie helps two people come to a consensus about an offer.

Hope this helps!
4 0
2 years ago
To provide external shareholders with relevant, reliable, consistent, and comparable financial information, the accounting profe
masha68 [24]

Answer:

<u>Generally accepted accounting principles</u>

Explanation:

Generally accepted accounting principles abbreviated as GAAPs , refer to set of accounting rules and principles to ensure clarity, consistency of reported information and to enhance reliability and comparability of accounting information.

GAAPs were prescribed by Financial Accounting Standard Board (FASB) of the United States. The accountants of public companies in United States are supposed to abide by GAAP principles while compiling accounts and preparing financial statements.

Thus, GAAPs lay emphasis upon presenting financial information which is relevant to the shareholders, which is true and can be relied upon , which is consistent and which can be compared to deduce past trends and for forming opinions and arriving at conclusions.

6 0
2 years ago
What is the role of accounting in business?
amid [387]
The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
4 0
3 years ago
Which of the following statements about job applications is false?
Ilia_Sergeevich [38]

Answer:

I would say it is A

Explanation:

i say this because everything is virtual now so therefore there are job applications online

5 0
3 years ago
Read 2 more answers
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