A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year, the hospital found that the actual total of contractual adjustments applied to receivables on hand at the end of the previous year was $4,000 higher than the estimate. How should the difference be reported
Probably engineering and probably airplanes
<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>
Explanation:
Options are nothing but an enhanced version of the basic product.
There are 'n' number of examples which can be given and I am listing few.
Example 1: Shampoo
Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.
Example 2: Automobile products
A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.
Example 3: Mobile phones
Almost all the customers look mainly for the features and they get attracted towards the purchase only by reading the features.
Features are added to keep the product live in the market.
Firms usually engage in a lot of activates for profit. Zero economic profit may continue to earn profit by reducing costs.
- A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.
When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.
See full question below
Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms
A. will not continue to earn profit because the cost of production will rise as new firms enter the market.
B. may continue to earn profit by convincing consumers their products are different.
C. will continue to earn profit due to barriers to new firms entering the market.
D. may continue to earn profit by instead beginning to produce a product identical to competitors.
E. will not continue to earn profit because monopolistically competitive firms produce identical products.
Learn more from
brainly.com/question/14406708
Answer:
D. Juice boxes contain too much sugar to be considered a nutritious fruit choice
Explanation:
bc it’s the only option against juice boxes
