The accounts that affect equity are revenues, common stock, expense, and dividends.
The following information should be relevant for the equity:
- If there is an increase in revenue so the equity is also increased.
- If there is an increase in the common stock so the equity is also increased.
- If the expense is increased so it decreased the equity.
- If the dividend is paid so the equity is decreased
In this way, the equity account is affected.
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Answer:
GDP as Gross Domestic Product
Explanation:
GDP termed as or stands for Gross Domestic Product, which is a broadest measure of total or aggregate economic activity of the nation in the terms of quantitative evaluation.
GDP states the monetary value of all the services and goods or products with the geographic borders of the nation over the particular period or time.
So, in this case, the aggregate value of all the goods and services by which the economic condition is assessed is referred to as GDP (Gross Domestic Product).
Answer:
time limitations in limited marginal utility; limited income and wealth
Explanation:
Demand curves intersect the quantity axis due to time limitations in limited marginal utility, which explains the second law of demand – the lower the price, the higher the quantity demanded. While it intersects the price axis due to limited income and wealth, which also explains the second law of demand – the higher the price, the lower the quantity demanded.
The marginal utility of a consumer is limited, because, the more of the goods consumed, the amount of satisfaction derived decreases. Hence, the demand curve intersects the quantity axis, indicating the point when the consumer derives no more satisfaction from the consumption of that good.
On the other hand, as a result of limited income of the consumer, it would come to a point when the consumer will not be able to purchase any quantity of the goods as the price increases. The point at which the demand curve intersects the price axis, indicates he point where the consumer income cannot purchase any quantity of the goods.
Answer: Over-diversification
Explanation:
According to the given question, the Over-diversification is one of the concept in the business in which the an organization make a large number of investment of the different types of asset where the expectation of the marginal cost become high.
Greg is one of the leading company CEO and for the growth of the company he has decided for acquiring some small chemical firms for increase the productivity but the shareholder are not happy with this due to the over-diversification concept.
The over-diversification also increase the risk in the investment process but there is always high possibility of marginal benefit in the business. Therefore, Over-diversification is the correct answer.
If the value of beach-front property in beach city decreases, initially the people of beach city will likely spend less, causing incomes in beach city to decrease.
Property is anything to which a person or entity has a legal right. A property can be an Understanding Land tangible item, such as a house, car, or appliance, or an intangible item that promises future value, such as a stock or bond.
Property defines the theoretical and legal ownership of resources and how they are used. These resources are both tangible and intangible and can be owned by individuals, businesses, and governments.
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