Answer: Relative pay differential.
Explanation:
Relative pay differential is earnings compared with earnings of others doing the same job.
Answer:
(B) debit Bad Debt Expense, $14,000; credit Allowance for Doubtful Accounts, $14,000
Explanation:
allowance fordoubtful accounts 1,100 debit
expected uncollectible 12,900
adjustment 14,000
We have to adjust to react the 12,900 as ending balancefor the allowance so we have to adjust as much as it takes to be 12,900 balance.
After you multiply 7% to 80 you will be left with 5.60, then you add 5.60 to 80 to get $85.60. So if she has any more than $85.60 then she will be able to buy the skateboard
Answer:
c. The equilibrium quantity is less than the socially optimal quantity.
Explanation:
Externalities are positive / negative side effects to other parties, which are not monetarily valued & compensated.
Positive Externalities cause extra positive side effect, have extra social benefit apart from private benefit. Their free market unregulated equilibrium under estimates their Total Benefit (considering only private benefit , ignoring social benefit). So the equilibrium quantity is also under estimated. Hence, Equilibrium quantity is less than socially optimal quantity.
