B.) It is known as EQUILIBRIUM CONSTANT.
Answer:
$1,497.77
Explanation:
From the above information, the following can be deduced;
42 units at $109 per unit
74 units at $82 per unit
170 units at $70
Total units = 42 + 74 + 170 = 286 units
Units left at year end = 19 units
The next step is to compute the total cost in arriving at the ending inventory, using average cost method.
Total cost = [(42 × $109) + (74 × $82) + (170 × $70)]
= $4,578 + $6,068 + $11,900
= $22,546
Per unit cost
= $22,546 ÷ 286 unit
= $78.83 per unit
Therefore, ending inventory
= Per unit cost × Units held at the end of the year
= $78.83 × 19 units
= $1,497.77
Answer:
the fifth game of chess is a different good than the first game of chess.
Explanation:
In this scenario Jackson says that the fifth game of chess gave him more utility than the first game he played. This goes against the law of diminishing marginal utility which states that the utility a consumer gains from consuming a good diminishes as more of the good is consumed.
The logical explanation an economist will give is that the fifth game was a different product than the first game. So the utility between the products are different.
In such a situation it is possible that the utility from the fifth game is higher than that of the first game
Answer:
Combine strategic information
Explanation:
A data warehouse can be defined as a large collection of data gathered or collected from various sources within an organization and managed to provide a guide for making decisions by the management.
This ultimately implies that, a data warehouse avails the management of an organization the ability to collect, analyze and manage data in order to gain meaningful insights and aid in the decision-making process.
Hence, the primary purpose of a data warehouse is to help or avail a business firm the ability to combine strategic information with respect to the operations of the business.
