Answer:
False
Explanation:
Javier's utils per dollar of peanuts = 14 utils per $1 spent
Javier's utils per dollar of chewing gum = 6 utils per $1 spent
Since the utils per dollar that Javier obtains from consuming peanuts are higher than those from consuming chewing gum, if he wants to increase his total utility, he should purchase more peanuts.
Storage, retrieval is the correct answer
Individuals are less likely to make informed decisions.
Answer: Net income of $50
Explanation:
- net income is the sum of a business's cost of goods sold, expenses, interest, taxes, depreciation, and amortization subtracted from total revenue
- net loss occurs when the sum of total expenses is greater than the total revenue generated by the company or business
Can be calculated by adding expenses and subtracting them from total revenue:
Total Expenses ($)
$1750 = Total expenses
$1800 > $1750
- As a result of the revenue being greater than expenses the company will experience a net income
Subtract total expenses from total revenue:
= Net income
$50 = Net income
Answer:
$84
Explanation:
The computation of each unit of the company's inventory under absorption costing is shown below:
= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= $12 + $18 + $25 + $29
= $84
We simply added the first four-unit cost through which total unit cost would come
All other information which is given is not relevant. Hence, ignored it