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Consider two individuals - Marquis and Serena - each of whom would like to wear sweaters and eat tasty food.The gains from trade between Marquis and Serena are most obvious in which of the following cases?
Profits and Losses
Financial gains or deficits that a business experiences, typically shown in an income statement.
Invests
Invests pertains to the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
Capital Account
A financial statement that shows the changes in a company’s equity throughout a period, from investments, withdrawals, and net income.
Recording a Bonus
The process of documenting an additional compensation given to employees or stakeholders, over and above their regular earnings.
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