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rewona [7]
3 years ago
9

A consumer's willingness to trade one good for another can be expressed by the consumer's marginal rate of substitution. True Fa

lse
Business
1 answer:
kotykmax [81]3 years ago
8 0

Answer:

TRUE

Explanation:

A consumer's marginal rate of substitution (MRS) can be defined as the number or amount of goods that he/she is willing to trade for another in other to gain maximum satisfaction of the goods.

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On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c
gayaneshka [121]

Answer:

$21,800

Explanation:

The computation of 4-year revenue is as shown below:-

Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2

= $500,000 × 8% × 1 ÷ 2

= $20,000

Interest Revenue = Bond Income + Amount of Discount Amortized

= $20,000 + $1,800

= $21,800

Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.

6 0
3 years ago
The short-run effect of an increase in the money supply is to increase the price level only. increase nominal GDP but decrease t
melamori03 [73]

Answer:

The increase both real GDP and the price level.

Explanation:

in the short run, an increase in money supply results in an increase in the GDP of a country and the price level.

Therefore, The increase both real GDP and the price level.

3 0
3 years ago
Which are options for filtering specific categories in a record? Check all that apply.
baherus [9]

Answer:

placing cursor on desired data and clicking "Filter by selection"

right-clicking and choosing "Sort A to Z"

Explanation:

The data can be filtered according to user requirements. There are several options to sort and filter data. The user can filter data according to different groups. He can sort the data according to ascending and descending.

8 0
3 years ago
The Gold Standard Act of 1900 ended the standard known as
iVinArrow [24]

The gold standard of the 1900 ended the system that is known as the practice of bimetallism.

The gold standard act of the year 1900 was signed by President McKinley. This made gold to be the singular basis for the redemption of paper money in the United States.

This signing by the president was what put  halt to what was regarded as bimetallism. This was the system that also allowed the use of silver also for the sake of monetary purposes.

Read more on brainly.com/question/1540408?referrer=searchResults

4 0
3 years ago
The Stibbe Construction Company switched from the completed contract method to the percentage-of-completion method of accounting
Svetllana [295]

Answer:

The correct answer is A

Explanation:

Change in accounting principle is the term which is defined as when the business choose among the GAAP (generally accepted accounting principles) or changes the method with which the principle is used. These principles impact the way or the method used, and then estimates the particular recalculation.

For example, company using the different method of depreciation after the 1st year of operations pr switching among FIFO to LIFO methods of inventory valuation.

So, in this case, the company switch or change the completed contract method to the percentage of completion accounting method. Therefore, the company uses the change in the accounting principle.

6 0
3 years ago
Read 2 more answers
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