An analysis of the accounts shows the following.1. the equipment depreciates $243 per month.2. one-third of the unearned rent was recognized as revenue during the quarter.3. interest of $510 is accrued on the notes payable.4. supplies on hand total $703.5. insurance expires at the rate of $326 per month.

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.