<span>The world’s richest countries are mostly found in Europe.
Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>
<span>One possible factor why Europe is so rich is because of
the numerous wars it encountered. Aside
from the wealth obtained in the conquest, wars also lead to advancement in
technology. </span>
Its actually <em><u>A) Office Managers and Human Resource workers</u></em>
Answer:
The answer is: remain the same
Explanation:
The marginal utility of a good or service is how much better we feel when consuming an extra unit of that good or service. For example if we are very thirsty, the marginal utility of consuming a can of Coke is very large, but once our thirst is quenched, an extra can of Coke will not provide use with that much satisfaction as before.
If the price of a substitute good increases, the marginal utility of the good whose price didn't change, will remain the same.
Let's go back to the Coke example. An extra can of Coke will give me 5 more satisfaction units (I'm assuming I can measure satisfaction) and an extra slice of pizza will give me 7 more units of satisfaction. If the price of Coke increases from 50 cents to $1, its marginal utility will decrease. I will buy more pizza because the satisfaction I get from drinking Coke is now smaller.
Answer:
The quantity variance = -900 unfavorable
Explanation:
Direct materials flexibel - budget variance:
standard
0.7 pounds $30 per pound
3,000 x 0.7 = 2,100 standard pounds
actual
2,400 pound $29 per pound
quantity variance:
30(2,100 - 2,400) = -900
Answer:
Cost of goods sold is $196
Explanation:
Using FIFO inventory sold are valued at the price of the most earliest stock in inventory.
The 16 units would be valued at $11 per one while the remaining 2 units would be valued at price of the purchase made on August 3 which cost $10 each
costs of goods sold=($11*16)+($10*2)
=$176+$20=$196
The costs of goods sold would be $196 if FIFO method of inventory valuation is used
