Answer:
A. Layoff some workers and acquire more capitals.
Explanation:
See attached file
These results are evidence of
"<span>
the endowment effect".</span>
The endowment effect<span>, in behavioral finance<span>, portrays a situation in which an individual qualities
something that they officially possess more than something that they don't yet
claim. Studies have indicated over and again that individuals will esteem
something that they effectively claim more to a comparable thing they don't
possess. It doesn't make a difference if the thing being referred to was bought
or gotten as a gift, the impact still stays.</span></span>
Answer:
they have an opportunity to exploit network effects and positive feedback loops
Explanation:
The first mover advantage refers to competitive advantages that can be achieved by a firm that first enters a market or launches a new product first. E.g. Volkswagen has a first mover advantage in China because it was the first foreign car manufacturer to successfully a car factory there. Another type of first mover advantage would be the ones obtained by Apple for launching the first smartphone.
Network effects refers to a good or service becoming more valuable because more people purchase or use them, e.g. social media apps.
Positive feedback loops occurs when a company's output is used as a positive input in the productive system, e.g. when a company uses information gathered by customer service (CRM) to improve the products or services it offers.
Answer:
(1) accrue salaries expense
Debit [e.] Salaries Expense
Credit [g.] Salaries Payable
--------------------
(2) adjust the Unearned Services Revenue account to recognize earned revenue
Debit [a.] Unearned Services Revenue
Credit [f.] Services Revenue
--------------------
(3) record services revenue for which cash will be received the following period.
Debit [b.] Accounts Receivable
credit [f.] Services Revenue
