Answer:
The correct answer is letter "A": Those who are unwilling or unable to pay for the good do not obtain its benefits.
Explanation:
The excludability feature of goods does not allow individuals to have access to them without having paid for them. Thus, non-excludable goods are those that no one cannot prevent its use. <em>Private goods</em> (clothing, vehicles, houses) are excludable but they are also considered rival goods since when one person uses it another individual cannot consume the goods.
I believe it’s collateral sorry if it’s not.
Answer: $450,000
Explanation:
From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.
Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:
= 3000 × $150
= $450,000
Answer:
$1,500
Explanation:
The computation of the amount adjusted on May 31 is shown below:
= (Purchase value of the merchandise - returned goods) × discount rate
= ($82,000 - $7,000) × 2%
= $1,500
The terms 2/10, n/30 represent the 2% discount is given if the payment is made within 10 days and the net days provided is 30 days
So, the amount adjusted is $1,500
