To ensure growth and cooperation to the economy.
Answer:
c. $10,000
Explanation:
Depreciation per year = (Cost of equipment - Salvage) / useful life
Depreciation for 1 year (Jan 1,2006 - Jan, 2007) = (60000-0)/3 = 20,000
However, on January 2007, the remaining useful life will change from 2 years to 5-1 = 4 years
Beginning 2007,
accumulated depreciation = 20,000
Remaining Book value of equipment = 60,000 - 20,000 = 40,000
Depreciation for Year 2007 will be = ($40,000 -0)/4 = $10,000
Answer:
The correct answer is option D.
Explanation:
Even though the democratic republic of Congo is rich in natural resources while Switzerland has almost no natural resources, but Switzerland is among one of the richest countries while Congo is among the poorest.
This indicates that abundant natural resources are not the only factor required for economic growth. Other factors such as human capital, physical capital, state of technology, etc. are also necessary for economic growth. Abundant natural resources cannot be efficiently utilized without these factors.
Even if a country is not rich in natural resources but possesses these factors, it can still have high economic growth.
Answer:
The correct answer is letter "D": Wal-Mart employed a preemptive strategy.
Explanation:
Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology.
</em>
In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>
