1. Be descriptive but not too general or vague. Don't choose a name that is too vague or too meaningful.
2. Use related words in a creative way.
3. Keep it simple.
4. Don't copy your competitors.
5. Avoid using your own name.
6. Choose a name that's scalable.
7. Make sure you have a related domain.
it would be a as a team I hope this helps
Number of firms -one
Nature of product-a unique product with no close substitute
Entry- completely blocked
Information - complete
Collusion between sellers - irrelevant
Firm's control over the price of product - considerable , but limited by market demand and goal of profit maximisation
Demand curve of the firm's product - equals market demand curve : downward sloping
Long-run economic profit - can be positive
Answer: True .
Explanation:
In accrual accounting, revenue is entered when it is earned and expenses are entered when they are incurred.
Deferred revenue is money received by a company in advance of having earned it. In other words, deferred revenues are not yet revenues and therefore cannot yet be reported on the income statement.
As a result, the unearned amount must be deferred to the company's balance sheet where it will be reported as a liability.
When your company receives a customer deposit or prepayment on a sale, that payment occurs in advance of the actual sale and is therefore considered unearned revenue. Deferred revenue flows between the balance sheet and the income statement as revenue.
This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.
