Answer:
The correct option is A
Explanation:
Option A is true because it is an implication of the diminishing returns as indicated by the catch-up effect.
Option B is not true as the rate of growth for the initially poor countries is higher than that of rich countries.
Option C is not true as the traditional concept is by diminishing the returns, not by increasing returns.
Option D is not true as the traditional concept is by diminishing the returns, not by increasing returns.
Answer:
Impact of $2,000 sale on accounting equation is as follow:
Accounting Equation
Asset = Equity + Liabilities
Cash+2000 Sales+2,000 No Effect
As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.
Explanation:
The Following journal Entry will support my answer:
Sales amount = 2,000
As this transaction is made on cash basis the following Journal entry will be recorded for this event.
Dr. Cr.
Cash $2,000
Sales $2,000
Answer:
studying
Explanation:
The coming together by students not to study is an example of collusion in an oligopoly.
An Oligopoly is when there are few large firms operating in an industry. Collusion is when people come together and decide on a particular course of action. It is usually non competitive
The dominant strategy here is to study.
Dominant strategy is the best option for a player regardless of what the other players are doing.
the students prefers to study more and get an A or to study the same amount as other students and get a C. Her least preferred option is an F. Since she does not know the actions of the other students, are best option is to study
