Answer:
B) that is more closely suited to their tastes
Explanation:
In a perfect competition market the products are all similar and homogeneous. Since all suppliers are price takers, they have to produce similar products in order to be able to compete.
In monopolistic competition markets the products offered are different on from another. The products are not homogeneous and sometimes cannot even be considered substitute products.
Therefore there is a chance that a consumer can find more suitable products or services that they like more than others. For example, restaurants are monopolistic competition but you can decide which restaurant you like the most.
Answer:
benefits that accrue to those who don't pay.
Explanation:
Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay. This is because the free-rider problem arises on a shared resource that is created by its overuse by various individuals who are not contributing their fair share for it, yet those very same people are still receiving all the benefits provided by that resource, while others need to pay for it.
Answer: Business calculation is mathematics used by industrial companies to record and maintain enterprise operations. Profit-making organizations use mathematics in accounting, catalog management, retailing, deals forecasting, and monetary analysis.
Hello,
Here is your answer:
I think the proper answer to this question will be option A "select a site". That's just because when planing a convention you have to find a place to hold it, form the committee, write the program, and then you have to write invites.
Your answer is A!
If you need anymore help just ask me!
Answer: $220,000
Explanation:
Using the Accrual Method of Accounting means that revenue is only to be recorded when it is earned i.e. when services have been delivered.
Any revenue received when the services have not been delivered will be recorded as Unearned Revenue.
With $528,000 in subscription revenue, the monthly subscription is;
= 528,000/12
= $44,000
From June to December would be 7 months so they would have earned;
= 44,000 * 7
= $308,000
The amount that they have not earned but have received would therefore be;
= 528,000 - 308,000
= $220,000
<em>This amount will be recorded after they finish deliveries of magazines in next year May. </em>
