Answer:
1. True
Explanation:
Marginal rate of substitution is quantity of good which a consumer will need to have in order to leave another good. The MRS equals to Px/Py. This will decrease when the demand curve decreases.
Answer: $600 interest revenue and $0 cash flow from operating activities
Explanation:
Simple interest = PRT/100
P= $36,000 R= 5% per annum
T = sept to dec = 4months = 4/12years
Interest revenue = ($36,000 × 5% × (4/12))/100 = $600
Cash flow from operating activities = $0
Because there is no cash flow yet since it's just 4months into the yearly (12months) loan.
Answer and Explanation:
The computation is shown below:
a. The predetermined overhead rate is
= $660,000 ÷ 100,000
= $6.60
(b) The amount is
For Job 345, it is
= 560 hours × $6.60
= $3,696
And,
For Job 777, it is
= 800 hours × $6.60
= $5,280
(c) The journal entry is
Work in Process $8,976
To Factory Overhead $8,976
(Being the factory overhead applied is shown below:
= $3,696 + $5,280
= $8,976
Answer:
Excerpt from Duty, Honor, Country / Every Man a King
General Douglas MacArthur / Huey P. Long
Duty, Honor, Country / Every Man a King
By: General Douglas MacArthur / Huey P. Long
Excerpt of Duty, Honor, Country
General Douglas MacArthur
.
Explanation:
Answer:
a. 6 strawberries and 5 apples.
Explanation:
$16 = 1s + 2a
Where s = strawberry and a = Apple
The above equation represents a budget constraint.
The bundle that would maximise utility:
$16 = 1(6) + 2(5)
16 = 6 + 10
I hope my answer helps you