Please see attached image to see the
given data.
The trial balance
totals of the debits and credits are $2,250 debit, $2,250 credit.
<span>$1000 (cash) +
$500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit
$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit</span>
Answer:
Comparative advantage.
Explanation:
Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .
Specialization is about concentrating on producing a few products in order to
build brands , expertise and gain maximum productivity leading to a reduction in selling price and a comparative advantage.
Answer:
<u>When making an outline, it is a good practice to:</u>
- Put the main idea in the title
- Have one main topic that does not relate to the title
- Strive for 3-5 major components
- Move single sub point to larger groups
- Allow sub points to overlap.
- Combine sub points whenever possible
Answer:
Firms will leave the market in the long run.
Explanation:
Firms will leave the market in the long run.
Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.
Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the technological dimension. Therefore, the option C holds true.
<h3>What is the significance of technological dimension?</h3>
A technological dimension can be referred to or considered as the dimension that is driven heavily and dependent completely upon the forces of technological developments. It is an external factor for the changes in business organizations, or the industries at large.
Therefore, the option C holds true and states regarding the significance of technological dimension.
Learn more about technological dimension here:
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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the
a. legal-political dimension b. economic dimension O c technological dimension O d. natural dimension
