Answer:
the answer is option D)<u>Equal sharing of the bill ensures that people order a similar dollar amount of food</u>
Explanation:
The theory of consumer behavior states that "consumers allocate incomes among different goods and services to maximize their utility"
Consumer behavior revolves around three parameters their preferences, budget constraints, and options available.
The budget constraint will definitely influence the choice of what to buy within the options available to maximize utility. That means how the bill is shared among the three friends will ultimately affect how much they will chose to eat.
Secondly, The vegetarian will not be better off with equal sharing of the bill because the cost of his food according to the data provided is less.
We don not know for sure if the wine drinker drinks too much or whether he will want his other friends to foot the extra bill from the cost of his wine but we are certain that equal sharing of the bill ensures that people order a similar dollar amount of food.
Answer:
$100,340
Explanation:
<em>The amount of cost recorded in the asset account would be:</em>
List price $93,000
Less: Discount ($93,000*2%) $1,860
Add: Freight $3,800
Add: Installation&Testing <u>$5,400 </u>
Cost of the machine <u>$100,340</u>
Note: Insurance cost is not included in the cost of the machine
Answer:
- Difference in scientific judgements
- A. Employers should not be restricted from outsourcing work to foreign nations.
Explanation:
The difference in opinion between these two is based on a difference between in scientific judgments because they believe that different things will happen in response to implementing a different form of taxes.
Regardless of what they think in the above regard, these economists are most likely to support the outsourcing of work if it is cheaper to do so because economists generally believe that the most efficient method of production should be undertaken.
Answer: The answer is e. $215,000.
Explanation: Based on the information provided in the question, see the cash flows statement below:
XYZ Cash Flows Statement
Net income $180,000
Increase in account receivable (15,000)
Increase in accounts payable 50,000
Cash flows from operating activities $215,000
- Note that the purchase of equipment of $50,000 cash would not be considered under cash flows from operating activities but would rather be considered under cash flows from investing activities.
- Increase in accounts receivable means outflow of cash while increase in accounts payable means non-payment of debt, that is, inflow of cash.
They allow creators, or owners, of
patents, trademarks or copyrighted
works to benefit from their own
work or investment in a creation.
These rights are outlined in Article
27 of the Universal Declaration
of Human Rights, which provides
for the right to benefit from
the protection of moral and
material interests resulting from
authorship of scientific, literary
or artistic productions.
The importance of intellectual
property was first recognized in
the Paris Convention for the
Protection of Industrial Property
(1883) and the Berne Convention
for the Protection of Literary and
Artistic Works (1886). Both
treaties are administered by the
World Intellectual Property
Organization (WIPO).
so the answer would be C. because a market economy relied on the free exchange of goods and services without rules.
