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const2013 [10]
3 years ago
13

The MU/P ratio for good X is greater than the MU/P ratio for good Y. To achieve consumer equilibrium, the consumer reallocates d

ollars from the purchase of good Y to the purchase of good X. If the law of diminishing marginal utility holds, the marginal utility of good X ____ and the marginal utility of good Y ____.
Business
1 answer:
Firlakuza [10]3 years ago
8 0

Answer:

1. Puts downward pressure on prices

2. maximizes total utility

Explanation:

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PharmY, Inc., is a U.S. GAAP reporter that is in the pharmaceutical industry. In the current year, PharmY incurred expenditures
Whitepunk [10]

Answer with Explanation:

Tangible assets fall under the scope of International Accounting Standard IAS-36 Property, Plant and Equipment which says that assets that qualify following conditions, must be capitalized:

  • Assets that have life expectancy of more than a year.
  • Benefits of the Assets are controlled by the entity that will flow towards the company.

Now here, the life expectancy of laboratory equipment is unknown and also that we don't know if the asset can be resold in the market or not. This means, if the asset has life expectancy is no more than a year and that the future benefits will flow towards the company then it must be capitalized otherwise it must be expensed out as per the guidelines of International Accounting Standard IAS-38 Intangible Assets, which says that the research cost prior to the development expenditure must be expensed out.

The other two costs are revenue expenditure and must be expensed out under the name research and development cost as per the guidelines of IAS-38.

4 0
2 years ago
A ________ is a digital media file produced and distributed via real simple syndication (rss) for playback on a variety of fixed
EastWind [94]
The answer to this question is the podcast. A podcast is a list of digital audio files that a person can download by the means of subscription. The podcast can be accessed through the internet and can be streamed and downloaded in the user's device. The series of podcast can be downloaded automatically when the list is updated.
6 0
3 years ago
Paul's Landscaping purchased $500 of office supplies on credit. The company's policy is to initially record prepaid and unearned
lbvjy [14]

Answer:

C) Debit Office supplies, $500; credit Accounts payable, $500

Explanation:

The journal entry is as follows:

Office supplies A/c Dr $500

      To Account payable A/c $500

(Being the office supplies are purchase on credit is recorded)

Since the office supplies are purchased so we debited the office supplies that increase the assets and credited the account payable as it purchase on credit basis plus the liabilities are also increased

3 0
3 years ago
Consider a firm making production decisions in the long run. Select the statement(s) that must be correct. Choose one or more: A
Nastasia [14]

Answer:

Option C is correct one.

Average total cost is flatter than the short-run average total cost.

Explanation:

In a long run there is no distinction between normal absolute expense and normal variable expense. The distinction between the normal expense and normal variable expense is the normal fix cost which diminishes as amount increments. Since quite a while ago run ATC can be biggest equivalent to short run normal cost bend. Therefore ATC is compliment than the short run normal all out expense.

6 0
3 years ago
Andrew is injured in an accident caused primarily by the negligence of Bob. Andrew suffers $100,000 worth of harm. Bob is 70% to
Rudik [331]

Answer:

$70,000

Explanation:

From the question, it is seen that Bob is the reason for this accident so he is the to bear a cost of treating Andrew based on comparative fault.

He contributed greatly to the accident therefore he is liable to a 70% payment of the $100000 cost of treatment.

100000 *70%

= $70000

Therefore by this law Andre will recover $70000 from him.

6 0
3 years ago
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