Answer:
Option D is correct one.
<u>In Cobb-Douglas production, the return to scale depends on the sum of the exponents.</u>
Explanation:
It shows a production function passing through increasing returns to constant returns and then to decreasing returns.
Some salesperson do try to start a new interaction by asking for something small from a potential customer because they know getting small acts of cooperation may lead to larger actions. The answer in this question is simply because they know getting small acts of cooperation may lead to larger actions.
Answer:
Following are the solution to this question:
Explanation:
Calculating the cost of the product sold:
FIFO:
June 1: 23 units costing of
each
Aug 27: 23 units costing of
each
13 units costing of
each
Total cost of product sold
LIFO:
June 1: 23 units costing of
each
Aug 27: 36 units costing of
each = 540
Total cost of product sold
Average cost:
June 1: 23 units costing of
each
Aug 27: 36 units costing of
each
Total cost of product sold 