Blue Spruce Corp. purchased equipment for $17400 on December 1. It is estimated that annual depreciation on the computer will be $3480. If financial statements are to be prepared on December 31, the company should make the following adjusting entry:

a. debit Depreciation Expense, $290; credit Accumulated Depreciation, $290.
b. debit Depreciation Expense, $13920; credit Accumulated Depreciation, $13920.
c. debit Equipment, $17400; credit Accumulated Depreciation, $17400.
d. debit Depreciation Expense, $3480; credit Accumulated Depreciation, $3480.

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

The blank is type of decision-maker who over analyzes information

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.