<u>Answer:</u> This is an example of scarcity.
<u>Explanation:</u>
Scarcity means there is less supply of the goods that are required. Non renewable goods are the goods which are available in lower quantity and they may become obsolete at a point of time. These resources cannot be replaced by nature and it takes quite a long time to get supply of these resources.
When non renewable resources are used in production of goods the prices of the goods are very high. When renewable resources are used they are unlimited in supply so the price of the products will be less.
The development company of the information system administration primarily by business and systems analysts who work with users, operations, and vendors to achieve and install licensed software and to set up the system components around that software.
The website that offers a comprehensive look at all of your federal loans in the United States is<u> </u><u>nslds</u><u> </u>
Though the website will direct a user to <u>studentaid</u>
NSLDS is an acronym of the National Student Loan Data System. The website has various information relating to Education federal loans in the United States, including schools, guaranty agencies, etc.
Over the years the U.S. Department of Education's Office of Federal Student Aid usually gives out $120 billion in financial assistance to students for college or career school purposes each year.
Hence, in this case, it is concluded that the correct answer is "<u>nslds</u><u>"</u>
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Answer:
the journal entries used to record this transaction are:
Dr Accounts receivable 400
Cr Sales revenue 400
Dr Cost of goods sold 160
Cr Inventory 160
This transaction will increase net income, which increases retained earnings by $240. It will also increase assets by $240, since accounts receivable increases by $400, but inventory decreases by $160.