Answer:
less expansive
Explanation:
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Answer:
Perfectly inelastic, Perfectly elastic
Explanation:
Consumers will pay the full tax that is placed on the sellers of a good if demand is <u>Perfectly inelastic</u> or supply is <u>Perfectly elastic.</u> The reason for this is that the complete tax burden is borne by a perfectly inelastic side and no tax burden falls on the perfectly elastic side of a transaction.
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Answer:
3. ending work in process is less than the amount of the beginning work in process inventory.
Explanation:
As we know that
Manufacturing cost = Cost of Goods Manufactured - Direct Labor - Direct Materials Used + Ending balance of Work-in-Process Inventory - the Opening balance of Work-in-Process Inventory
And, the Manufacturing cost involves both cost i.e direct material and direct material used
If the cost of goods manufactured more than the total manufacturing costs, so automatically ending WIP inventory should be less then the beginning WIP inventory
Answer:
In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.
Explanation:
