In 2005, a disagreement over the best way to spend union funds resulted in a breakup of the AFL-CIO
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Answer:
A.) private, nonrival, and excludable
B.) Common resources
C. Faster
Explanation:
A. A privately owned forest is a private good. This goods ownership is restricted to those that bought it. No one else shares in the use of this good. Therefore the answer here is that it is private, non rival and also excludable.
B. If anyone is able to enter a government forest legally it means it is a common good. Common goods are goods with rivalry but are non excludable.
C. The rate of logging in a government owned forest would be faster since there is little cost to cutting the trees, especially when there is no regulation.
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer:
c. pre-conventional morality
Explanation:
Preconventional morality is the first stage of moral development according to Kohlberg's model of moral development. It is the stage in which the children decides according to the consequences the actions will bring to them. The consequences which the behavior may is on the primary focus. In the above case, Finnian gives attention to the result before taking any of the steps.