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kozerog [31]
3 years ago
15

Preferences are characterized generally by: A. income. B. consumption bundles. C. indifference curves. D. budget constraints.

Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

B. consumption bundles

Explanation:

Customer preference is defined as the likes and dislikes that a customer has that determines his choice in making purchases.

For exams a customer may want to buy shoes that are black in colour, but shoes that are yellow in colour are ignored.

Preferences of buyers are independent not prices and income level.

Rather it is dependent on consumption bundle. That is the set of goods that will give highest satisfaction to the buyer.

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Otool Inc. is considering using stocks of an old raw material in a special project. The special project would require all 150 ki
frez [133]

Answer:

The relevant cost of the 150 kilograms of the raw material when deciding whether to proceed with the special project: $979.

Explanation:

We do not use the original cost $2,236 because it is sunk cost.

We do not use market value because Otool Inc. does not either incur this cost nor sacrifice any benefit from not buying at market price.

The relevant cost of these raw material should be the benefit sacrificing from not selling the raw material, instead using it in the project; calculated as:

Selling price x Amount sold - Cost of delivery = 7.1 x 150 - 86 = $979.

Thus, the answer is $979.

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3 years ago
The specific collection of values, norms, beliefs, and attitudes shared by people and groups in a company is commonly referred t
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Answer:

C. organizational culture

Explanation:

Organizational culture refers to the values, philosophy, and aspirations of an organization that guides the behavior of its members.  Culture is expressed through the members' internal interactions and communications with the outside world. Organizational culture is based on beliefs, shared attitudes, customs, written and unwritten rules in the company that has been developed over time.

Organizational culture manifests itself in diverse ways, including communication methods, internally distributed messages, leadership behaviors, and corporate celebrations. In other words, organizational culture is the way of doing things in an organization.

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4 years ago
After posting the journal entries to the ledger, what is the balance of the Cash account?
MArishka [77]
There needs to be more information.
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3 years ago
If survey questions are standardized and close-ended, they can produce data that is statistically comparable.
tino4ka555 [31]
Ur at a 50:50 chance of getting right. Just guess :p
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3 years ago
Which statements indicate that Rick’s company is a limited liability company? Rick Douglas is a bright and passionate lighting d
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The statements are:

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