Answer:
The demand that Le Jouet faces for toy trains in France is less elastic than in Russia.
Explanation:
This is the statement that best describes the panorama that Le Jouet faces in France. When comparing the markets of France and Russia, we learn that the demand for toy trains in France is less elastic than the demand in Russia. Price elasticity refers to a measure of responsiveness of consumers. This measures how responsive consumers are to a price change.
Answer:
A. publicity
Explanation:
Publicity is a promotional element which involves creating awareness of a product or service as well as making the product or service visible to the public. Publicity could be done through word of mouth, and most effectively, through the media. Publicity aims at exposing the public to new products or services, as well as creating public awareness as a form of promotion.
Since the discovery of the agrichemical laboratory is new, and also are constrained by very small marketing budget, the promotional element that the agrochemical laboratory can use in communicating its discovery is publicity.
Factors such as life expectancy, energy consumption, per capita GDP, literacy rates, and infant mortality rates are used to measure the development of a country.
Answer:
b. credit to Gain on Sale of Investments for $2,400.
Explanation:
May 1, 20Y6
Purchase price of Bond = $100
Number of Bond Purchased = $100,000 / 100 = 1,000 per bond
February 1, 20Y7
Sale Price of Bond = $103 per Bond
Gain on Sale = $103 - $100 = $3 per bond
Number of Bond Sold = $80,000 / 100 = 800 bonds
Gain on sold bonds = 800 bonds x $3 per bond = $2,400
Journal Entry Will be as follows:
Dr. Cr.
Cash (800 x 103) $82,400
Gain on sale $2,400
Investment in Bond $80,000
