Answer:
Dr Travel Expenses 40,000
Cr Prepaid Expenses 40,000
Explanation:
Friends International
Dr Travel Expenses 40,000
Cr Prepaid Expenses 40,000
Travel Expense for $40,000 was been DEBITED in order to recognize the expense associated with the use of the tickets and cPrepaid Expense for $40,000 was been CREDITED because the company no longer has the right to receive benefits from the prepaid tickets.
Answer:
The overview of the given statement is described in the explanation segment below.
Explanation:
<u>Monopoly Market:
</u>
-
The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
- Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).
<u>Perfectly Competitive Market:
</u>
- The price shall be calculated whenever market forces are equivalent.
- The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.
Thus,
⇒ 
Hence,
⇒ 
the other son, possibly should get the computer first, because he doesn't need it for much, while the 1st son needs it for a number of things
Answer:
The three main reasons that might make n-tire architectures used in online businesses are Their intuitive system structure for administrators, their layering organization of processes, and the ability to maintain data separated in two different pools.
Explanation:
Three main reasons make n-tire architecture could be used in an online business.
The first one is that its structure allows administrators to identify the problems of the webpage and focus on the matter instead of having to review all of the structure to find out what is going on.
The second reason is that its layering organization provides the best setup to reuse applications. Which in other words says that the structure itself can make it possible to apply this structure to different purposes.
The third one is that the data access and data storage pools are separated and can be reviewed as well as provide maintenance to them in different times, to keep some functionality available in the process to test it and review if it works properly instead of doing it all together and testing after the process is done.
Answer:
Deregulation can describe either removing government control of the price of a good or the removal of government control of quantities.
Explanation:
Deregulation is the removal of government control , regulation or power in a particular sector or industry. An example of deregulation is the mail delivery. The government had a monopoly on the royal mail for many years
Deregulation can involve :
- removal of government control on price
- Removal of control on quantities
Advantages of deregulation
- It increases the rate of innovation and competition. This increases consumer choice.
- Efficiency of corporations are increased and this lowers cost
Disadvantages of deregulation
-
Customers are more vulnerable to high risk-taking by companies.
