Answer:
A. an overstatement of net income and an understatement of liabilities.
Explanation:
Answer:
A) The company develops programs in-house.
Explanation:
Many companies prefer to develop the resources it wants if it is possible. In cases when companies desire so, it has its own research and development team.
When the company has its own personnel for the development of programs, that is consisting test engineers, technical writers, and many other required development personnel, will specify for the company's own programs development.
The company has its own inbuilt capacity to develop the programs in house.
Answer:
The correct option is C
Explanation:
Overconfidence bias is a tendency to hold a misleading assessment of our skills, intellect or talent.
Answer:
Margin of surplus = 1,200
Explanation:
Given:
Supply P = 50 + Q
Demand P = 200 – Q
Current price = 60 cents per pound
Considering a tariff = 40 cents per pound
Computation:
Producers surplus = [10 x 10] / 2
Producers surplus = [100] / 2
Producers surplus = 50
So,
New producers surplus = [50 x 50] / 2
New producers surplus = 1,250
Margin of surplus = 1,250 - 50
Margin of surplus = 1,200
<u>Option C</u>
The gains from trade are a result of more efficient resource allocation than would be observed in the absence of trade.
<u>Explanation:</u>
The statisticians have surveyed the gains from trade from diverse viewpoints. The ideal ideologists thought that gains from trade emerged from enhanced rendering and specialization. Gains from trade are the exclusive compensations to business operators from holding granted an improvement in deliberate dealing with each other.
The contemporary ideologists viewed the gains from trade as the gains emanating from exchange and specialization. To estimate the gains from the trade, a metaphor of one nation's expense of making with a remote nation expense of making for the identical commodity is lacked.