Answer:
1/Oct : Cash (Dr.) $8,660
Accounts Receivable (Cr.) $8,660
10/Oct : Equipment & Supplies (Dr.) $9,660
Notes Payable (Cr.) $9,660
20/Oct : Accounts Receivable (Dr.) $2,640
Service Revenue (Cr.) $2,640
Explanation:
Debits $16,960
Cash 6,600
Accounts Receivable 1,840
Supplies 1,840
Equipment 4,660
Dividend 2,020
Credits : $16960
Accounts Payable 4,660
Notes Payable 9,660
Service Revenue 2,640
Answer:
no restrictions on trade
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." where he asserted that countries can become better off by specializing in what they do or produce best and eliminate trade barriers (restrictions).
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Hence, according to the theory of comparative advantage, consumers in all nations can consume more if there are no restrictions on trade.
The individual that makes the investment that has highest risk is Norville because he invested 75 percent of his portfolio in stocks.
<h3>What investment are considered high risk?</h3>
High risk investment refers to an investment that have large chance of loss of capital and high chance of a devastating loss.
Daphne invests in mutual funds which offeres low risk, Velma and Fred spread their risk to reduce loss if any occur.
Therefore, the Option B is correct.
Read more about High risk investment
<em>brainly.com/question/2060019</em>
Answer:
1. low- involvement decisions may sometimes enable consumers to skip steps in the consumer decision making process.
Explanation:
Consumer decision making process includes all the steps between consumer's generation of needs/wants and final purchase of the product.
The process comprises of below mentioned 5 stages:
- Need recognition : whereby a need is generated
- Search for information so as to identify products satisfying such needs
- Evaluation of all available alternatives i.e assessment of all available products satisfying a need and selecting the best alternative.
- Purchases , the stage wherein the consumer buys the selected product.
- Post purchase evaluation, i.e the stage when consumer evaluates whether he made the right purchase decision.
In the given case, the consumer realized that he hadn't eaten at all during the day and thus instantly stopped at a restaurant, made a regular purchase of a burger without caring for the menu or set of other available alternatives.
Here, the investment decision related to a meal, being a low cost decision and occurring in a famished state. So consumers while making such low cost decisions may not find going through the menu and spending much time in deciding as worthwhile and in short will likely skip steps in the consumer decision making process.
"C is correct answer. "Exhaust is to be thorough covering all points to use up the waste fumes from an engine. "Hope this helps!" "Have a great day!" "Thank you for posting your questions!"
