Answer: The correct answer is "D. greater; less".
Explanation: The consumer surplus from water, which is cheap, is <u>greater </u>than the consumer surplus from gold, which is expensive. The total utility from gold is <u>less</u> than the total utility from water.
Answer:
The industrial revolution affected the whole global economy, social relations, and culture.
The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.
The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).
The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.
Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.
Answer:
$3.40 per kilogram
Explanation:
Calculation for the standard price per kilogram for the raw material
Using this formula
Standard price per kilogram=(Raw Material total cost +Materials price variance)/Raw material kilograms
Let plug in the formula
Standard price per kilogram=($21,920+$1,370)/6,850
Standard price per kilogram=$23,290/6,850
Standard price per kilogram=$3.40 per kilogram
Therefore the standard price per kilogram for the raw material will be $3.40
Answer:
A) 4000
Explanation:
Long term capital losses cannot be set of against the long term capital gains of next year
As a result an individual taxpayer should report in the
year 3 is $4000
Answer:
$3,875
Explanation:
Data given in the question
Selling value of the home = $155,000
Commission rate = 5%
Share basis = equally
So, by considering the above information, the Muller received amount is
= Selling value of the home × commission rate ÷ share basis
= $155,000 × 5% ÷ 2
= $7,750 ÷ 2
= $3,875
By considering the all the information given in the question we can easily find out the received amount by the Muller
