Answer:
She should buy more milk and less bread.
Explanation:
Mrs. Wilson is not taking advantage of the most suitable combination of milk and bread, because Mrs. Simpson is actually spending more on less bread when she could be spending more on even more milk.
This is because the marginal utility per penny spent on bread is 0.80 and the marginal utility per penny spent on milk is 0.875.
Gretta is most likely to name her daughter as the person that she would like to care for her if she became ill or disabled. However, it is vital to note that most people in the country that have lost their spouse prefer to live alone,
Actual full cost method of determining transfer pricing involves dividing all fixed and variable expenses for a period into the number of units produced.
The full end-to-end value of producing goods or services is calculated using the full costing approach. All direct, fixed, and variable overhead costs are attributed to the final product when the whole costing approach is used. These varied costs go through inventory accounts with the product in full cost accounting up until the product is sold.
These will subsequently be recorded as expenses in costs of goods sold on the income statement. Full costing has the advantages of greater openness and compliance with reporting regulations. The potential for skewed profitability in income statement and the difficulty in estimating cost fluctuations at various production levels are drawbacks.
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Answer:
A. the government
Explanation:
In the planned economy, the government control every factor of productions. All the resources that exist within the country are owned by the government. On top of that, the government also specifically controlled the type of economic activities that can and can't be done by the people.
This create a situation where people have no freedom to choose their careers, have no incentives to innovate and work harder, and have no ownerships of private property.