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The following are the ending month's balances for Toys Galore. What would be the last account listed on the trial balance for Toys Galore?
Technological Capabilities
The skills, knowledge, tools, and processes available to an individual, organization, or society that enable technological developments or innovations.
Comparative Advantage
The capacity of a person, business, or nation to create a product or offer a service at a reduced opportunity cost compared to their rivals, thereby gaining specialized production and advantages in trade.
Production Possibilities
The different quantities of goods that an economy can produce with a certain set of resources and technology.
Natural-Resource Abundant
Refers to countries or regions possessing significant amounts of valuable natural resources, such as minerals, oil, or fertile land, which can contribute to their economic growth and development.
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