Answer:
This is best explained by Moore's law
Explanation:
Moore's law states that the transistor number in a given microchip doubles approximately every two years while the corresponding cost of the particular computer is halved. Moore suggested that the processing capability of the computers usually doubles every two years while at the same time the price reduces by half over the same period. This law was stipulated by Gordon Moore, who estimated that this scenario will continue for the foreseeable future.
This law can be applied in economics, especially if one deals in the electronics sector to determine forecast price estimates. Consider Sharron's case above;
If we apply Moore's law in Sharron's case, we note that the initial price of the computer in 2011 was $900. After seven years, the cost of the computer is $500. We can see that the cost of the computer has dropped by $400 almost half of its initial cost. At the same time, the power of the microprocessor technology has also improved. The microprocessor technology in 2018 is better than that of 2011.
Answer:
The correct answer is option c.
Explanation:
A rise in total spending can mean several things. An increase in the production of goods and services is likely to cause an increase in consumption and hence spending.
An increase in the price of existing goods and services may lead to an increase in spending.
As more money will be required now to purchase the same level of goods and services
Or both the reasons can apply.
Answer:
$20,000
Explanation:
When a financial statement analysis technique shows the changes of income statement or balance sheet items over the period of time with the same financial statements, it is called Horizontal Analysis. It shows the firm's capability of either increasing or decreasing of assets or expenses over the period. Here,
Balance Sheet
Account Title Year 1 Year 2 Changes (Increase/Decrease)
Cash $20,000 $40,000 $20,000 Increase
Answer:
Cash budget
Explanation:
A budget is a financial plan that calculates a firm's expectations and uses that information to allocate the expectations to specific needs of the firm, to ensure its efficient and smooth running over a given period of time.
A cash budget as seen above is a type of budget that projects a firm's expectations cash-wise (inflwo and outflow), shortages and surpluses during a given period (say one year or two years, etc.).
Cheers.
Answer:
external secondary data
Explanation:
Secondary data is information collected by other people or other sources. The most common secondary data sources are national censuses, sales reports, economic reports, etc.
This type of data is very useful because it can help us to reduce the costs of a marketing research or other types of studies. A lot of information can be found on the internet, but you must try to use only the information that comes from reliable sources.
