Answer:
C. No, the increase in price will not cause a shift of the supply curve
<u><em>Attached graph</em></u>
Explanation:
The demand curve will move to the right, and the equilibrium price adn quantity will increase as a result of this event. But, the supply curve will not move the new equilibrium will be along the original supply line.
The supply curve will move affectd by technology, input prices, taxation, interest rates changes, the price is not what determinates the supply curve. The price is the result of how supply and demand interact.
<span>Entrepreneurs are visionaries who can anticipate future consumer demands. An example of an entrepreneur is Marcus Lemonis who has a show on TV called 'The Profit.'</span>
Answer:
$29
Explanation:
The computation of the more profit or loss via processing one batch of sugar to the end products is shown below:
= Total sale in the case when it is processed further - processing cost
where,
Total sale in the case when it is processed further is
= $86 + $134
= $220
And, the processing cost is
= $91 + $17 + $38 + $45
= $191
So, the profit is
= $220 - $191
= $29
The most widely used method of job analysis for determining the duties and responsibilities of a job is the <span>interview method.
Interview method involves direct interaction between employers and the applicants. It allows the employers to gauge applicant's personality and interest in the job</span>
Answer:
Expenses ; revenues ; adjusting
Explanation:
According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.
This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information
