Explain the role of factor endowments in the rise of the software industry in India.
What will be an ideal response?
Factor endowments are conducive to the rise of India's software industry. Through investment in human resource development with a focus on industry-specific knowledge, India's universities and software firms have literally created this essential factor of production. For example, India produces the second-largest annual output of scientists and engineers in the world, behind only the United States. In a knowledge-intensive industry such as software, development of human resources is fundamental to both domestic and global success.
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The number of shares of outstanding stock is equal to the number of shares authorized minus the number of shares issued
a. True b. False Indicate whether the statement is true or false
A trial balance is a list of accounts showing the title and the balance of each account
Indicate whether the statement is true or false
During the ______ morality stage of moral development, moral decisions are based on standards set by adult role models and societal norms?
A. preconventional B. conventional C. postconventional D. postmodern
Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest
are from the October 20 purchase, the cost assigned to ending inventory is A) $3,840. B) $3,312. C) $3,372. D) $3,176.