Answer:
Allocate existing resources more efficiently among competing uses.
Explanation:
The main goal of resource development is to find ways that allocate resources more efificiently, to spread the available resources in a way that maximizes economic and social benefit taking into account the different competing uses.
Resource development does not necessarily promote central planning because it can make use of market strategies to achieve its goal, and it cannot increase the amount of resources available as well, because these are determined by the natural endownment that each area has.
Answer:
Could outliers be affecting the relationship?
Explanation:
In most practical circumstances an <u>influence outlier</u> decreases <u>the value of a correlation coefficient and weakens the regression relationship, </u>but it's also possible that in some circumstances an outlier may increase a correlation value and improve regression.
<u>Notice that in the scenario it is mentioned that ''he notices that one student has a visual digit span that is twice as long as anyone else.'' , this will raise the question as to ''what is increasing the value of the correlation coefficient (the span) between the 'digits the students hear' AND 'the digits the student read'</u>
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Answer:
Freezer 2 is the better option because it has higher present worth.
Explanation:
Answer:
Explanation:
We know that
The balance sheet items classify the assets and liabilities in the categorized balance sheet into various types Including assets are divided into fixed assets, current assets, and intangible assets.
Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means
Total assets = Total liabilities + shareholder equity
And, the income statement reports only total revenues and total expenses
So, the categorization is shown below:
a. Accounts receivable = Current asset
b. Accounts payable = Current liabilities
c. Cash = Current asset
d. Fees earned = Revenue shown in the income statement i.e reflected in owner's equity
e. Land = Fixed asset
f. Rent expense = Expense shown in the income statement i.e reflected in owner's equity
g. Supplies = Current asset