Answer:
C) The theory of Comparative Advantage
Explanation:
The theory of Comparative Advantage is a theory of international trade and it comes into effect in a situation where the <u>opportunity cost of producing a good or offering by a service by a country is lower than that of other countries. </u>
Specifically, to understand the theory of comparative advantage the opportunity cost of production or offering a service has to be measured in terms of the trade off between those countries. It simply means when a country has the comparative advantage then it derives more benefits from other countries buying its products as compared to buying their products and vice versa.
In the question, the European Union has the Comparative advantage over South Africa because the trade-off between buying South Africa's edible fruits and nuts and selling other products to South Africa benefits the European countries.
European countries derive more benefits because South Africa buys their goods at a cost higher than it takes them to produce while they buy at the normal cost from South Africa. The <u>trade-off benefits Europe </u>
Answer and Explanation:
The adjusting entries are shown below
1. Accrued wages expenses
Wages expense Dr XXXXX
To Wages payable XXXXX
(Being the accrued wages is recorded)
For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities
2. Accrued utilities expenses
Utilities expense Dr XXXXX
To Account payable XXXXX
(Being the accrued utilities expense is recorded)
For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities
3. For adjusting the unearned service revenue
Unearned service revenue Dr XXXXX
To Service revenue XXXXX
(Being the unearned service revenue is recorded)
For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue
Answer:
E. If the market risk premium increases by 1%, then the required return will increase by 1% for a stock that has a beta of 1.0.
An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.
<h3>What is
blockbusting?</h3>
blockbusting can be regarded as the act of profiteering through inducing property owners to sell hastily which do occur at a loss by appeals to fears of depressed values.
In this case, An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.
Learn more about blockbusting on:
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Answer:
E.
Explanation:
The information system is very important in business processes because help managers in efficient decision making to achieve the organizational goals.
An organization will be able to survive and thrive in a highly competitive enviroment on the strength of a well desing information system.
Helps in making right decisions at the right time, or just in time. A good information system may be utilized by managers in unusual situations.
It is viewed as a process, it can be integrated to formulate a strategy of action or operation.
