The Switch S Is Initially at Position B for a Long

question 124

Multiple Choice

The switch S is initially at position b for a long time. It is then switched to position a. Describe what happens to the lightbulb as a function of time when the switch is flipped from b to a?

• A) The lightbulb was on but goes off immediately.
• B) The lightbulb was off and stays off.
• C) The lightbulb was on but its brightness decreases with time and eventually goes off.
• D) The lightbulb was on and stays on.
• E) The lightbulb was off. It then lights up but the brightness decreases with time and eventually goes off.

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Definitions:

Prepaid Insurance

An asset account representing insurance payments made in advance of the coverage period, recognized as an expense over time.

Insurance Payable

A liability account that represents amounts owed for insurance premiums that are due but not yet paid.

Proprietorship

A business owned by one individual.

Drawing

Drawing refers to the withdrawal of cash or other assets from a company by the owner(s) for personal use, decreasing the owner's equity in the business.