The correct answer would be : The Four C's Of Lending
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Answer: cost of units transferred out during the month=A. $45,000
Explanation:
Material costs =Number of units completed and transferred out x Cost per equivalent unit for material
= 9000 units x $2.00 = $18,000
Conversion cost = Number of units completed and transferred out x Cost per equivalent unit for conversion costs
= 9000 units x $3.00 = $27,000
Costs of u nits transferred out during the month = Conversion costs +Material costs
= $18,000 + $27,000
$45,000
Answer:
B. to economic systems in all nations, regardless if their level of development
Explanation:
The economic concept of scarcity implies that resources needed are scarce or limited in supply to meet the unlimited wants of economic agents. Therefore , economic agents have to choose from unlimited wants the one that would maximise their utility.
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