Examlex
A partnership's asset accounts should be changed from cost to fair market value when a new partner is admitted to a firm or an existing partner withdraws or dies.
Electricity-Generating Capacity
The total amount of electrical power that generating equipment can supply to a grid or system at a given time.
Rival In Consumption
A characteristic of a good whereby its consumption by one individual decreases its availability for consumption by another.
Allocate Resources
The process of distributing available resources among various projects or business units.
Markets
Places or systems in which goods, services, and assets are exchanged, usually with prices determined by supply and demand.
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