Answer:
The answer is B.
Explanation:
The first is the journal. A journal entry may be a summary of the debits and credits of the transaction entry to the journal.
Followed by a ledger which may be a book containing accounts during which the classified and summarized information from the journals is posted as debits and credits.
Trial balance which is that the listing of all accounts (asset, liability, equity, revenue, expense) with the ending account balance or or its a report that lists the balances of all book accounts of a corporation at a specific point in time.
And lastly the financial statements. they're written records of a business's financial situation
Answer:
C) increase production.
Explanation:
Competitive firms maximize their accounting profits when marginal revenue (MR) = marginal cost (MC).
In a perfectly competitive market, all the producers and the consumers are price takers, so they cannot change the price of the goods. So changing the sales price is not possible. Since the marginal revenue is greater than the marginal cost, the firm should increase its production output until MR = MC.
Answer: The answers are provided below.
Explanation:
1. A payoff matrix is a table whereby strategies of one player are listed in the rows and the strategies of the other player is listed in the columns while the cells show the payoffs to each player in such a way that the payoff of the row player is first listed.
The payoff matrix for this game has been attached.
2. In game theory, a strategic dominance occurs when a strategy is better than the strategy of another player. In this scenario, even does not have a dominant strategy because both strategies are providing equal payoffs for the pure strategy.
It's used by almost everyone
The per-worker production function describes the relationship between real gdp per hour worked and capital per hour worked, holding the level of technology constant
