Answer:
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
Thank you hope it is helpful
Complete Question:
Accounting for an Operating Lease) On January 1, 2020, a machine was purchased for $900,000 by Young Co. The machine is expected to have an 8-year life with no salvage value. It is to be depreciated on a straight-line basis. The machine was leased to St. Leger Inc. for 3 years on January 1, 2020, with annual rent payments of $150,955 due at the beginning of each year, starting January 1, 2020. The machine is expected to have a residual value at the end of the lease term of $562,500, though this amount is unguaranteed.
Instructions
a. Record the journal entries St. Leger would record for 2020 on this lease, assuming its incremental borrowing rate is 6% and the rate implicit in the lease is unknown.
b. Suppose the lease was only for one year (only one payment of the same amount at commencement of the lease), with a renewal option at market rates at the end of the lease, and St. Leger elects to use the short-term lease exception. Record the journal entries St. Leger would record for 2020 on this lease.
Answer:
Attached file is the is a detail preparation in excel format
Answer:
The government can increase spending or decrease taxes.
Explanation:
In order to correct recessionary gap, the government can adopt expansionary fiscal policy. The government can increase spending, it will increase production, employment and aggregate income.
The other tool that the government can use is taxes. The government can decrease the tax rates. This will cause the disposable income of the consumers to increase. This will further cause the consumer spending to increase. As a result, production, employment, and aggregate demand will increase.
20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.
20*3=60
60*3=180
Answer:
The answer is B. Increasing
Explanation:
An increasing-cost industry is an industry whose costs for production increase as more companies compete.
Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.
A decreasing‐cost industry is one where costs of production reduces as the industry expands.