The US general population is far too diverse and the population too large. There is bound to be issues and disagreements on almost all laws that would be passed. With the amount of laws being passed in the state and national government nowadays, people would literally spend most of their waking hour voting rather than being useful members of the society
:)
As the other person said fill in what
Answer:
The correct option is C,productive efficiency
Explanation:
Allocative efficiency occurs when goods are produced to reflect the preferences of the consumers.This means that the producers are not concerned about deploying their resources in the most efficient manner as the overriding point is the satisfaction of customers' expectations.Hence option B is wrong.
Voluntary exchange refers to process of suppliers and customers engaging in business transactions with freewill.
However,productive points to effective and efficient allocation of resources to yield maximum output and at the lowest possible cost per unit.No doubt option C is the correct answer.
Answer:
I will give you 5 stars like me i will do the same back
Answer: c) $3,460
Explanation:
The 190 units that were sold were part of 250 units inventory in stock as @May 1.
The cost price of the 250 units was $10 per units. Therefore, the total cost of 190 units sold = 190 x 10 = $1,900.
Secondly, the 140 units that were sold on May 24 comprises 60 units of the 250 units with cost price of $10 per unit and 80 units of the 270 units with cost price $12.
Therefore, total cost of 60 units = 60 x 10 = $600
And total cost of 80 units = 80 x 12 = $960
The total cost of goods sold = $1,900 + $600 + $960
= $3,460
<em>The cost assigned to cost of goods sold using FIFO is $3,460</em>
