Answer:
A.The economy as a whole continues to grow between each business cycle.
Explanation:
The steady growth line best supports the conclusion about the economy
represented in the graph is that "The economy as a whole continues to grow between each business cycle."
The above statement is true because the production output of the firm continues to rise with time. As time goes on in the business cycle of the firm, the firm continues to grow, which is evident in the increase in the level of production.
Answer:
I gotchu-
Explanation:
A responsibility is something you have to do or (at least) ought to do.
For example, it's the US Citizens responsibility to drive safely.
A right is something you are allowed to do or permitted to do. You have no obligation to exercise your right.
For example, it's the US Citizens right to vote during an election.
In conclusion, a responsibilty is something that the govt expects you to do, while a right is a privelege the govt gives you if you follow the laws.
P.S. To have rights, you must follow your responsibilities.
Hope this helped :)
Whenever there's an overstatement of Accounts Payable, the auditors would expect and overstatement of certain expenses and/or purchases and understatement of income tax. To address the overstatement, auditors will vouch and trace for transactions to check whether these are valid and existing. Any discrepancies noted are to be adjusted to correct the balances presented in the books.
An externality is a benefit or cost associated with an activity that accrues to some third party who is not a direct participant in the activity. The Tragedy of the Commons suggests that people and states have a general set of incentives that encourage them to limit their consumption of public resources.
<h3>What Is an Externality?</h3>
An externality is a cost or benefit caused by a producer that is not financially incurred or received by that producer. An externality can be both positive or negative and can stem from either the production or consumption of a good or service.
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The distinguishing feature of many firms that pursuing an <u>international</u> strategy is that they are selling a product that serves universal needs, but they do not face significant competitors.
An international strategy is a business strategy which is created by a company to do its business in international markets. Thus, this strategy serves universal needs as they do not face significant competitors.
An international strategy requires analyzing the international market, defining goals, studying resources, understanding market dynamics & develop offerings. Firms pursuing an international strategy are not confronted with pressures to reduce their cost structure.
Hence, the answer is given and explained above.
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