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geniusboy [140]
2 years ago
11

The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) ______ marginal-utility-to-

price ratio to ipads as a way to increase total utility.
Business
1 answer:
natka813 [3]2 years ago
8 0

The ipad disrupted consumer equilibrium because spending shifted from alternative products with a(n) <u>lower </u>marginal-utility-to-price ratio to ipads as a way to increase total utility.

<h3>What is consumer equilibrium?</h3>

Consumer's Equilibrium can be defined as the satisfaction a consumer derived from using a product.

Total utility and marginal utility work together or hand in hand  as it tend to determine the satisfaction a consumer derived after a product consumption.

Therefore an increase in total utility can tend to lower marginal utility.

Learn more about Consumer's Equilibrium here:brainly.com/question/26059468

#SPJ1

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Solution :

a).

Estimated overhead                                1,250,000

Divide by the estimated machine hours    50,000        

Predetermined overhead rate                      25

Actual machine hours                                  54,300

Multiply by predetermined overhead rate        25

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b).

Actual factory overhead                              1,348,800

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3 years ago
For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Effect
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Answer:

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A Bonds payable                    Decrease Increase  

b. Unearned Service Revenue Decrease Increase  

c. Depreciation Expense      Increase Decrease      

d. Common Stock                    Decrease Increase  

e. Buildings.                            Increase Decrease  

f. Rent Revenue.                   Decrease Increase  

 

Explanation:

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A Bonds payable Decrease Increase  

Bonds payable are a form of long term debt usually issued by corporations, hospitals, and governments.    

b. Unearned Service Revenue Decrease Increase  

Unearned Service Revenue is a liability account that is used to record advanced collections from clients. In other words, it pertains to revenue already collected but the service has not yet been rendered    

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Depreciation expense is the amount of depreciation that is reported on the income statement.    

d. Common Stock Decrease Increase  

Common stock is a security that represents ownership in a corporation.    

e. Buildings.  Increase Decrease  

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory    

f. Rent Revenue. Decrease Increase  

Rent Revenue is the title of an income statement account which (under the accrual basis of accounting) indicates the amount of rent that has been earned during the period of time indicated in the heading of the income statement.    

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Answer:

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