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olga55 [171]
3 years ago
14

Consider the example of an individual in a grocery store examining two cans of peaches, Alpha Peaches and Beta Peaches. If Alpha

is thought to provide 10 units of pleasure per dollar and Beta is thought to provide 8 units per dollar, then Alpha should be chosen.
a) true
b) false
Business
1 answer:
Wittaler [7]3 years ago
7 0

Answer:

True.

Explanation:

True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.

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Answer:

Answer:

                                                                                         $

Market value of shares (3,000,000 x $15)           = 45,000,000

Market value of bonds (30,000,000 x $101/100) = 30,300,000

Market value of the firm                                            75,300,000

The correct answer is D

Explanation:

Market value of the firm is the sum total of market value of shares and market value of bond. The market value of each stock is equal       to number of stocks issued multiplied by current market price of each stock.

Explanation:

6 0
3 years ago
On December 31, prior to adjustment, Allowance for Uncollectible Accounts has a credit balance of $400. An age analysis of the a
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Answer:

Bad debts expense                                      Debit            $ 600

Allowance for Uncollectible expenses       Credit                          $ 600

Explanation:

The allowance for uncollectible accounts is estimated usually on the basis of a percentage of credit sales. The data in the question indicates that the estimated losses from uncollectible accounts is $ 1,000.

The unadjusted balance is $ 400, so the adjusting entry is for the balancing amount, i.e. $ 600. It is debited to bad debts and credited to allowance for uncollectible accounts.

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Answer:

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