Answer:
The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.
Explanation:
Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .
Glow plugs should have high resistance when warm and lower resistance when cold
The correct option is this: COCA COLA WILL SHIFT THE EXCESS CAPACITY TO THE PRODUCTION OF OTHER SOFT DRINK PRODUCTS.
The capacity that was devoted to the failed drink will be diverted towards the production of other soft drinks that the Coca cola company is manufacturing.
Answer:
0.56
Explanation:
Opportunity cost refers to the alternative forgone from a list of preference. It is a concept in economics developed as a result of the scarce resources available to satisfy unlimited wants.
Since the family can afford either 80 cans of beans or 45 frozen dinners.
it means that for every 1 can of beans purchased, 45/80 frozen dinner will be let go or not be purchased. Also, for unit of frozen dinners purchased, the family sacrifices the purchase of 80/45 cans of beans.
Hence the opportunity cost of a can of beans in terms of frozen dinners in the time frame
= 45/80 frozen dinner
= 0.5625
to 2 decimal place = 0.56
Answer:
Explanation:
Cash Supplies
Beg. Bal. Beg. Bal.
Notes Payable 3940 Cash 300
Contributed capital 4630 Accounts Payable 700
Equipment 200
Supplies 300 End. Bal. 1000
End. Bal. 8070
Accounts Payable
Contributed Capital
Equipment Beg. Bal.
Beg. Bal. Supplies 700
Cash 200
Notes Payable 800 End. Bal. 700
End. Bal. 1000
Notes Payable Beg. Bal.
Beg. Bal. Cash 4630
Cash 3940
Equipment 800
End. Bal. 4630
End. Bal. 4740
Trial Balance
Debit Credit
Cash 8070
Supplies 1000
Equipment 1000
Accounts Payable 700
Notes Payable 4740
Contributed Capital 4630
Total 10070 10070
