Answer: Option (B) is correct.
Explanation:
Correct option: The marginal utility from consuming good A will be lower than before.
This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.
Therefore, the marginal utility from consuming good A will be lower than before.
The answer to the question how many direct labor hours were estimated for the year is letter B which is 180,000.
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Answer:
38,000 units
Explanation:
Total production required = Forecasted unit sales + Planned finished goods inventory balance = 36,000 + 14,000 = 50,000 units
Products to be manufactured = Total production required - Beginning finished goods inventory = 50,000 - 12,000 = 38,000 units
The number of finished units to be produced = 38,000 units
So the correct answer will be 38,000
Answer:
The correct answer is letter "E": convergence hypothesis
Explanation:
In Economics, the convergence hypothesis describes how increasing industrialization in different countries could lead to transform the economy to an industrialized world where the <em>same societal patterns, ideologies, behaviors, and customs</em> will be spread which is likely to create a global culture.
Answer:
determine purchase authority
Explanation:
Based on the scenario being described within the question it can be said that David was not successful because he forgot to determine purchase authority. In other words he gave the presentation to someone (the receptionist) that does not have any authority to make purchases for the company and is why he was unsuccessful. David needed to find the individual in charge of buying the pharmaceuticals for the company and give him the presentation.
