Answer:
The correct option is Dana might be indifferent between C, A, and B.
Explanation:
Note: See the attached photo for the indifference curve showing points A, B and C.
The answer can be explained using an indifference curve.
An indifference curve is a graph that depicts the combination of two commodities that provide equal satisfaction or utility to the consumer. A consumer is indifferent between the two commodities at each point on an indifference curve because all points on the curve provide him with the same level of satisfaction or utility.
In the attached photo, bundles A, B and C are plotted as points on the same indifference curve (IC). Since points A, B and C are on the same IC, it therefore implies that Dana might be indifferent between C, A, and B.
Therefore, the correct option is Dana might be indifferent between C, A, and B.
Answer:
The cash paid on May 8 is: $5,880
Explanation:
Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.
The balance owed for merchandise = $6,500 - $500 = $6,000
On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.
The company took the appropriate discount:
2% x $6,000 = $120
The cash paid = $6,000 - $120 = $5,880
Nurse is an example of that
Answer: $3.40
Explanation:
Based on the information given in the question, the materials cost per unit will be calculated thus:
First, we'll calculate the completed units which will be:
= 18500 - 1400
= 17100
Ending inventory = 1400 units
Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)
= 18500 Units
Material Cost Per Unit will be:
= Total Material Cost / Equivalent Production Unit
= $62900 / 18500
= $3.40 per unit
The material cost per unit is $3.40
I believe the correct answer from the choices listed above is option C. A government imposes tarriffs to increase competition in the marketplace. It is a<span> tax imposed on imported goods and services. It is used to restrict trade. Hope this answers the question.</span>
