Answer:
- <u><em>c. The price of cheese increases</em></u>
Explanation:
Since the resources (money) are limited, the students have to choose among the three options they like to eat from the <em>food establishments on campus.</em>
- <em>pepperoni pizza,</em>
- <em>bean and rice burritos, and</em>
- <em>hamburgers (made from beef) </em>
<em />
Reasonably, they will choose to eat the food that optimizes the use of their money, i.e. they search to optimize the utility they receive.
Since cheese is a fundamental ingredient of pizza, <em>if the price of cheese increases</em>, the price of pepperoni pizza shall increase.
Thus, students will swift from eating pepperoni pizza to eating more food from the other establishments on campus, including hamburguers (made from beef).
Therefore, <em>if the price of cheese increases, most likely the quantity of hamburgers sold will increase.</em>
Answer:
Unitary cost= $62.5
Explanation:
Giving the following information:
Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.
Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.
First, we need to determine the allocated MOH:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750
Total cost= 4000 + 1500 + 750= $6,250
Unitary cost= 6250/100= $62.5
Answer:
False
Explanation:
Because the injunction is the legal remedy that the special court's judge orders not the jury. The order enforce a party to do what must be done or refrains it from doing specific acts that harms the other party. So saying that Doorway sought the court injunction in which the jury decides the right course of action is incorrect because injunction is the warning of judge not of jury.
your going to have to put some more to that question
