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4 years ago

Name a time you were indifferent between two goods. What were they? What made you indifferent between them?

Business

1 answer:

MariettaO [177]4 years ago

5 0

Answer and Explanation:

There was a time when I was indifferent between two goods.

These goods were Jam and Jelly.

The consistency of jelly is the smoothest and is made by squashing a fruits grown from the ground the strong thick remains. This leaves just the organic product juice, which is then blended with a substance called gelatin and warmed to shape the coagulated spread.

Jam is comparatively made by pounding an organic product, yet this spread leaves in the majority of the strong bits of the natural product's filaments and seeds (in the event that they're little enough and safe to expend) to provide it with a consistency that is spreadable.

Jelly and jam are different products. However, I can not make any differentiation as far as taste between them is concerned, so I am indifferent between these goods.

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Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth w

zalisa [80]

Answer:

The size of labor force

The inflation rate

The level of technological knowledge

Explanation:

In the long run the economy's real Gross Domestic Product depends on labor force, capital, natural resources and technological knowledge. The level of physical quantity is not affected by the money supply in the long run. This will have affects in short run only. In the long run only nominal prices are impacted and production or physical quantity has no impacts.

8 0

4 years ago

Read 2 more answers

manufactures two products: A and B. The company's accounting records revealed the following per-unit costs for direct materials

fenix001 [56]

Answer:

Unitary cost= $351

Explanation:

Giving the following information:

Overhead costs:

Setups= $240,000

General factory= $2,350,000

Machine processing= $120,000

Total overhead= $2,710,000

Total direct labor hours= 10,000 + 10,000= 20,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,710,000/20,000

Predetermined manufacturing overhead rate= $135.5 per direct labor hour

Now, we can calculate the unitary cost for Product B:

Direct materials $60

Direct labor: 2 hours at $10/hour $20

Unitary cost= 60 + 20 + 2*135.5

Unitary cost= $351

6 0

3 years ago

Choose the correct statement.

AfilCa [17]

Answer:

D. The outlet substitution bias injects an upward bias into the CPI

Explanation:

4 0

3 years ago

Hughes Aircraft sold a four-passenger airplane for $380,000, accepting a 12% note for the purchase price. This transaction would

Semmy [17]

Answer:

a. Debit to Notes Receivable

Explanation:

Journal entry for selling an asset in return for notes receivable is;

Notes Receivable A/c Dr.

To Asset A/C

In the given case, an aircraft is sold in exchange for a note receivable. The journal entry would be:

12% Notes Receivable A/C Dr. $380,000

To Aircraft $380,000

(Being notes receivable received in exchange for aircraft sold being recorded)

Notes Receivable is an asset for the receiver as it represents amount which is due to be received. Whenever an asset account is debited, it increases their balance.

Aircraft is an asset. When an asset is sold, it is credited. Here the asset being a movable asset.

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4 years ago

Jane Industries manufactures plastic toys. During October, Jane's Fabrication Department started work on 10,000 models. During t

GrogVix [38]

Answer:

11,125 units

Explanation:

Particulars Units

Beginning WIP (2500*0.75) 25% is completed 1,875

Units started and completed during the month 8500

[10,000 -1500 as ending Inventory]

Ending Inventory [1500*0.50] 750

Equivalent units 11,125

So, the equivalent units for conversion costs during October is 11,125 units

5 0

3 years ago