I think the correct answer from the choices listed above is the last option. A process cost system would be more appropriate for a shampoo manufacturer. <span> A </span>process costing system<span> is used by companies that produce similar or identical units of product in batches employing a consistent process. Hope this answers the question.</span>
Answer:
Real GDP (2014 price) = $ 250
Explanation:
GDP is the total value (PxQ) of goods & services, produced by an economy during a period of time. Real GDP is the value at constant base year prices.
Given [2015] : Fish Quantity = 5 , Computer Chip Quantity = 20
Base Year [2014] price : Fish = $10 , Computer Chip = $10
2015 Real GDP at 2014 base year price = Price 2014 x Quantity 2015
= (Fish PXQ) + (Computer Chip PXQ)
= (10 x 5) + (10 x 20)
= 50 + 200
= $ 250
Answer:
c. marginal utility diminishes as more of a product is consumed.
Explanation:
The law of diminishing marginal utility states that when a person consumes more and more units, the marginal utility of extra units diminishes as additional units are obtained from the marginal utility.
Moreover, the graph of this diminished marginal utility that results in the consumer demand curve for a product goes downward sloping.
It would be, 750 + 125 + 2,000 + 875 so the company's total assets is 3,750$
Hope this helps!
Answer: $6
Explanation:
Total production of oranges= 4
Total production of candy bars=10
Each orange sells for=$0.25
Total market value of orange production=price × quantity
=$0.25×4
=$1
Each candy bar sells for= $0.50
Total market value of candy bar production=price of candy bar × quantity of candy bar
=$0.50 × 10
=$5
The economy produces oranges and candy bars.
The total market value of production in the economy= Total market value of Orange production + Total market value of candy bar production
=$1 + $5
=$6
