According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.
<h3>Who is Michael Kremer?</h3>
Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.
Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.
Thus, according to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.
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Answer:
The Journal entry is as follows:
Depletion expense - Coal Deposit A/c Dr. $280,000
To Accumulated depletion -Coal Deposit $280,000
(To record the depletion expense for the current year)
Workings:
Depletion per ton = (cost - Salvage) ÷ Total units of production
= ($900,000 - $100,000) ÷ 200,000
= $4 per ton
Depletion expense = Tonnage tons mined current year × Depletion per ton
= 70,000 tons × $4
= $280,000
<u>Mutual funds</u> investment works by taking investors’ money, investing that collective money in stocks, bonds, and other investments, and managing this portfolio for the investors.
<h3><u /></h3><h3><u>A Mutual Fund is what?</u></h3>
A mutual fund is a type of financial vehicle that combines shareholder funds to invest in securities such as stocks, bonds, money market instruments, and other assets. Professional money managers run mutual funds, allocating the assets and aiming to increase investors' capital gains or income.
<u>Can Shares in Mutual Funds Be Sold Anytime?</u>
Shares in mutual funds are regarded as liquid assets and may be sold at any time; nevertheless, you should carefully review the fund's exchange and redemption fee regulations. Capital gains from mutual fund redemptions may also have tax repercussions.
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Answer: b. select appropriate corporate-level strategies
Explanation:
Prior to setting pricing options for its products to maximize profit, a company must select appropriate corporate-level strategies.
This is necessary in order to ensure that the strategies aligns with what the organization is willing to do in order to achieve its profit maximization goal.
Answer: Discount store
Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.
These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.
So, from the above we can conclude that cash and carry is a discount store.
