Answer: Dr. Bostwick was able to provide medical services that did not satisfy his own wants, so he exchanged those services for money that he used to buy things that did. Professor Boudreaux had money but desperately wanted a pediatric gastroenterologist to treat his son.
Explanation:
Trade generates value by transferring goods or services from those who value them less to the people who need them more. The only way people can decide to specialize in the making of a single good or service is because they already know they can trade it for other goods they do need.
In the video 'How the Division of Knowledge Saved My Son's Life', Professor Boudreaux explains that it was thanks to Dr. Bostwick specialization on pediatric gastroenterology that his son´s life was saved.
Answer:
.B. The amount of depreciation expense recognized in 2019 would be greater if Dinwiddie depreciates the car under the straight-line method than if the double declining balance method is used
Explanation:
The double-declining method recognizes higher depreciation amounts in the first years of an asset 's life. The method applies twice the rate of the straight-line method on a declining book value balances. In the latter years, the depreciation amount will be less because the book value will have declined considerably.
In this case, a useful life of six years attracts a straight-line depreciation rate of 16.6 % (1/6 x 100). the double-declining method will apply a rate of 33.2 %.
The straight-line method applies a constant rate throughout the use-life of an asset. The book value decreases at a constant rate, unlike in double -declining, where the book value decreases rapidly in the early years of the asset. 2019 will be the fourth year in this case. The fourth-year is in the latter stages of a six-year useful life.
The information that you receive during the interviewing and hiring process is a part of the PRE-ARRIVAL stage of employee socialization.
Explanation:The pre-arrival stage clearly identifies that each individual comes with a set of values, attitudes, and expectations about both the work to be accomplished and the company that he/she would work for. The use of the selection process to inform prospective employees about the organization as a whole helps in setting the expectations of the prospect so that they meet the reality.
Answer: Receivables can be classified as accounts receivables, notes receivable and other receivables ( loans, settlement amounts due for non- current asset sales, rent receivable, term deposits). An example of accounts receivable includes an electric company that bills its clients after the clients received the electricity. The electric company records an account receivable for unpaid invoices as it waits for its customers to pay their bills.
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Explanation:
Answer:
c. Work sample tests
Explanation:
Based on the information provided within the question it can be said that the best test to give an individual in this scenario would be a Work sample tests. These are tests that have been specifically designed in order to see if an individual has the ability to do an assigned job and then be able to evaluate their performance. This evaluation will give the employer an idea of how they will perform in the actual job position.
