Answer:
c. dairy farming
Explanation:
Free entry can be defined as the situation in which business firms such as sellers of goods or service providers can enter into the market freely and start selling to consumers.
This ultimately implies that, there are no legal barriers or just a minimum barrier, if any for new firms starting the same business as others.
Hence, dairy farming is the industry which is most likely to exhibit the characteristic of free entry.
A diary farming is one of such industries that allows new agents to come into the business without any barrier because it simply involves the production of essential commodities such as milk, beef etc which are usually required on a large scale in an economy.
Answer:
It is loss on the sales of land (A)
Explanation:
Option (A) True -The non-cash losses must be added back while the gains must be subtracted because cash flow only recognizes relevant cash transactions that either increases or decreases the cash position.
Option (B) False-This will subtracted because it represents cash outflow from the company.
Option (C) False. This will be subtracted because it represents cash outflow resulting from payment made to suppliers
Option (D) False. This will be subtracted because it represents cash outflow resulting from liability settlement.
Answer: Reference group
Explanation:
Here, in this particular case the models will tend to serve as the <em>reference group</em> and thus further influence consumers. The reference group is referred to as the group that is used as an scale in order to compare an individual or another group with. Here, the organization tends to hope that the models will further act as the reference group, this is because of their appealing nature, and thus will lead others to copy the similar attitude.
Answer:
Consumption is given.
Investment is also given.
Government spending is $6 billion.
GDP is $25 billion.
National Saving = GDP - Consumption - Government spending
Foreign lending = Savings - Investment
Absorption = Consumption + Investment + Government spending
Net Exports = GDP - Absorption
The relationship/ correlation between Net Exports and Foreign Lending is one that is <u>perfectly positive</u> as both measures are exactly the same.