Answer:
D. Tim consumes more hamburgers and fewer hot dogs.
Explanation:
For his utility to remain constant, Tim will neither consume more goods in total, nor spend more money than before.
Therefore, because the price of hot dogs has risen, while the price of hamburger has remained the same, he will now buy more hamburgers and less hot dogs, because eating more hamburgers and less hot dogs will not decrease his satisfaction, it will remain the same. We can also conclude from that both fast food products are perfect substitutes for Tim.
This statement is false.
Conversion and direct materials are generally both not added at the end of the production process. As a matter of fact, they are either added at the beginning, or in the middle of the process, but definitely not at the end because then it would be too late.
I know im very very late but the correct answer for this question would be C as it is the most logical.
I’ll be there (the Jackson 5) Dancing queen (Arrival) everybody dance (chic)
Answer:
Contract amount = liablity :unearned revenue = $3405000
contract cost are setoff against contract billings and determine difference to be asset or liability
contract billings = ( $1702500-$1290000) = 412500 = liability
Explanation: