Which of the following about backstop technologies and nonrenewables is not true? select one:

a. a subsidy that decreases the price of a backstop will decrease the current price of oil, and consumption of oil will increase.
b. a backstop technology is a perfect substitute for non-renewable resource that can be produced in any amount at constant (usually high) price.
c. when the price of the non-renewable reaches the price of the backstop, we switch to using the backstop technology.
d. subsidizing renewables may have unintended consequence of pushing consumption of fossil fuels further into the future.

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?