The answer is b the type of job for which you are applying
Answer:
The ability of sellers to change the amount of the good they produce.
Explanation:
Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.
The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.
Answer:
1. $1000 (sale price) - $800 (Dealer price) = $200
2. $200 * 10 sculptures = $2000 of total value added
Explanation:
STEPS
1)The artist pays $5,000 for the intermediate goods (scrap metal) and sells the finished goods (10 sculptures) for $1 comma 1,000 each.
The value added for the artist equals $3000
2)The art dealer pays $800 for the intermediate goods (sculptures) and sells the finished goods (sculptures) for $1000 each. Calculate the difference between the price the dealer paid for the sculptures and the amount for which the dealer sold the sculptures.
3) $1000 (sale price) - $800 (Dealer price) = $200
4) $200 * 10 sculptures = $2000 of total value added
Answer:
allowance for bad debt 9,650 debit
Account receivables 9,650 credit
bad debt expense 11,264 debit
allowance for bad debt 11,264 credit
the bad debt expense would not change as it is not determnate based on the adjustment of an estimate uncollectible account but, in the percentage of sales which will fail to met the payment.
Explanation:
<em>estimated bad debt:</em>
512,000 x 2.2% = 11,264
Answer:
Loan amortization schedule is attached with this answer in PDF format please, find it.
Explanation:
Loan payments, includes the payment of interest and principal as well. The interest is calculated for the period opening balance of loan and the residual amount of loan payment is settled against the lease amount.