Answer:
The correct option is Dana might be indifferent between C, A, and B.
Explanation:
Note: See the attached photo for the indifference curve showing points A, B and C.
The answer can be explained using an indifference curve.
An indifference curve is a graph that depicts the combination of two commodities that provide equal satisfaction or utility to the consumer. A consumer is indifferent between the two commodities at each point on an indifference curve because all points on the curve provide him with the same level of satisfaction or utility.
In the attached photo, bundles A, B and C are plotted as points on the same indifference curve (IC). Since points A, B and C are on the same IC, it therefore implies that Dana might be indifferent between C, A, and B.
Therefore, the correct option is Dana might be indifferent between C, A, and B.
Answer:
$210
Explanation:
Date Description Units Price Total Balance
1-Jun Opening 15 $12 $180 $180
5-Jun Purchase 10 $13 $130 $310
12-Jun Purchase 20 $14 $280 $590
17-Jun *Sale -30 -$380 $210
*Working
Sale
Date Units Price Total
17-Jun -15 $12 $(180)
-10 $13 $(130)
-5 $14 $(70)
Total Sale -30 -$380
So, the correct answer is $210.
Answer:
Credit Sales = $48100
Explanation:
The credit sales can be calculated by reversing the formula for Closing accounts receivables.
The formula for closing accounts recevables is,
Closing accounts receivables = Opening accounts receivables + Credit sales - collections from accounts receivables
To caculate Credit sales, the formula will be:
Credit sales = Closing accounts receivables + Collections from Accounts receivables - Opening accounts receivables
Credit sales = 14000 + 53200 - 19100 = $48100
Answer:
A gain of $16,100
Explanation:
When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal.
The carrying amount of an asset is the difference between the cost of the asset and the accumulated depreciation of the asset.
Carrying amount
= $22,000 - $6,600
= $15,400
Gain/(loss) on sale of asset
= $31,500 - $15,400
= $16,100
Answer:
B. This genetic mutation codes for the production of a protein that provides resistance to the disease.
Explanation:
