This could be a couple things, but I think it would be "telecommuting".
Answer:
4.8%
Explanation:
36months*$79.50=$2862
$2862-borrowed 2,500=362
362/3 years=$120 2/3
this means that the interest is 120 2/3 /2500, which is 0.048266, or 4.82, or in your case 4.8%
Answer:
The correct answer is option D.
Explanation:
External economies of scale can be defined as the situation when the average cost of production is reduced due to growth of industry as a whole. It can also be referred as the external benefit of expansion of the industry.
It is generally associated with a perfectly competitive industry. While internal economies of scale is generally associated with imperfectly competitive markets.
Answer:
c. In Paulson's general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Service Revenue account will be too high and the ending balance for the Unearned Service Revenue account will be too low
Explanation:
Around 15th November, Paulson Painting endured a $6,000 cash amount from Apex Inc. in replacement for painting services to be rendered in the month of December. While posting the journal insertions correlated to this amount, Paulson's controller debits the Cash statement for $6,000 as well as charges Service Revenue toward $6,000. The statement which best describes the results of this posting is that, <u>in Paulson's general ledger, the ending balance for the Cash account will be accurate. Nevertheless, the ending balance regarding the Service Revenue account will remain extremely high as well as the ending balance for the Unearned Service Revenue account will remain extremely low.</u>
Answer:
the correct option is C) If many firms enter the computer software industry and consequently bid up the price of programmers, then: the long-run industry supply curve will slope downward.
Explanation:
When many firm enter an industry, there is competition and the presence of multiple players will eventually cause the cost of production to decline.
In the short run, if many firms enter the computer software industry and consequently bid up the price of programmers, then the increase in participation will increase the number of software developed.
In the long run, industry supply curve will slop downwards indicating a price reduction.
