C. Comparability.<span> A
consistent application of an inventory costing method enhances comparability.
Consistency enhances comparability because it enables investors and other end
users of the financial statements to compare and understand the financial
reports over the periods. The company should disclose the nature, reasons and
effects of the change in the Notes to the Financial Statements if there is a change
of accounting method for inventory costing to improve financial reporting.</span>
This is an example of the Law of Diminishing Marginal Utility. This is when there is a diminishing marginal utility as the consumer consumes one more additional product. Marginal utility means the satisfaction the consumer gets when buying the product.
Answer:
$170
Explanation:
Marginal cost is defined as the cost of adding an additional cost of a product or service.
Total cost is the sum total of the cost of all the product and/or service.
Cost of producing 4 units = $150
Cost of producing the 5th unit = $20
The cost of producing one unit = $150/4
= $37.5
Total cost of producing 5 units =
Cost of producing 4 units + cost of the 5th unit
= $150 + $20
= $170
Cost of producing the 5 units = $170
The given statement is true. Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy.
<h3>
What is monetary policy?</h3>
In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy. Monetary policy strategy is influenced by economic indicators including the GDP, inflation rate, and industry- and sector-specific growth rates.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
Hence, The given statement is true.
To learn more about monetary policy refer to:
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If we are talking slopes, we are talking linear equations, since lines are the only functions with slopes. If the slopes are the same, the lines will be parallel, and that is where we have a case of no solution because parallel lines will never intersect. NEVER EVER. If the slopes are different, eventually the lines will intersect somewhere.
HOPE THIS HELPS :)
