Answer:
Total utility is 50
Explanation:
Mathematically;
TU = U1+MU2+MU3+MU4+MU5
TU = Total utility
U1= utility of 1st product of good Y
MU2= Marginal utility of 2nd product of good Y.............
MU5= Marginal utility of 5th product of good Y
Solution:
TUy= 15+15+10+7+3
TUy= 50.
Answer:
Monitoring and Controlling
Explanation:
Note that, in Project management process stages there are typically five phases:
- initiating,
- planning,
- executing,
- controlling and
- closing.
However, from this scenario in which Cheryl is watching the weather forecast for an outdoor senior picnic project, it shows that she is monitoring and trying to control all aspects of the planned picnic project against the risk of bad weather.
Answer: A. Employees are not easily the replaced parts of a system, but they are the source of a company’s success or failure.
Answer:
d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight.
Explanation:
Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight because this bond is risky and uncertain.
This means the company would not want to run at a loss
Answer:
Explanation:
1. Prepaid Expenses: In this transaction, the collection is made in advance so it will be come under prepaid expenses
2. Prepaid Expenses: In this transaction, the office supplies are used in the next period, so it will be treated as prepaid expenses
3. Accrued revenues: The subscription revenue is already earned, so it will be treated as a accrued revenues
4. Accrued revenues: The rent is earned but not collected, so it will be treated as a accrued revenues
5. Accrued Expenses: As the expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses
6. Accrued Revenues: As the revenue is earned but not yet collected or recorded so, it will be treated as an accrued revenues
7. Accrued Expenses: As the interest expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses