Answer:
Public interest groups
Explanation:
Interest groups refers to an entity that try to indirectly influence the government. They do this by promoting a candidate that represents a certain view or ideology. These groups will do various efforts to put this candidate in power so he/she can pass a legislation that beneficial for them.
Most interest groups are private entities that want to pass the legislation that only benefit their group. Example would be when oil companies form an interest groups to bring down the tax for fossil fuel.
But some interest groups are trying to influence the government for the benefit of the people rather than their own group. One example of this would be Environmental Defense Fund which established to preserve the environment in United States.
Answer:
Balance sheet:
Accounts Payable
-Liability
Property, Plant. and Equipment
-Asset
Long-Term Debt-Liability
Retained Earnings-equity account
Prepaid Expense
-Asset
Common Stock
-equity account
Accounts Receivable-Asset
Income statement:
Cost of Goods Sold-expense
Research and Development-expense
Explanation:
Property, plant and equipment , accounts receivable and prepaid expenses would appear on the asset side of the balance sheet.
Long-term debt and accounts payable are both liabilities since they are obligations owed to third parties while retained earnings and common stock are both equity account
Lastly,cost of goods sold and research and development cost are expenses in the income statement
Answer: A. Cournot Oligopoly B. Stackelberg Oligopoly C. Bertrand Oligopoly
Explanation:
Cournot Model: In Cournot model, firms produce output independently and then set their prices. In this type of model, the products are typically standardized.
Stackelberg Model: In Stackelberg model, there is one firm who is quite dominant and that firm sets the price. Whereas, other firms or the competing lower firms usually follow the price leader.
Bertrand Model: In this model, firms have interaction with buyers in order to set prices and quantities.
