Answer: B. Beans are necessarily inferior and eggs are necessarily normal
Explanation: He reduces the amount of egg to meet up with the beans, for his satisfaction.
Answer:
$415 underapplied (debit balance)
Explanation:
Predetermined OH rate =
$116,500/$124,500 = 93%
OH applied = $114,500(.93)
= $106,485
Applied $106,485– Actual $106,900
= $415 underapplied (debit balance)
Therefore the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include $415 underapplied (debit balance)
Answer: public goods and common resources
Explanation:
Externality is the consequence of a producer's or consumer's action on a third party which did not partake in the action.
The idea that externalities arise because something that is valuable has no price attached is associated with the public goods and the common resources. The provision of public goods such as good roads, defence will lead to positive externalities, while the use of common resources such as fish in the river or the environment will lead to negative externalities e.g polluting the environment will give rise to a negative effect on a third party.
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
