Answer:
Price of y(Py)=$2 per unit
Explanation:
Marginal utility can be defined as the additional utility of a consumer as a result of the additional unit of goods consumed.
Let
Marginal utility of x= MUx
Marginal utility of y=MUy
Price of x=Px
Price of y=Py
Given
MUx=40 utils
MUy=16 utils
Px=$5
Py=?
Then,
MUx/Px=MUy/Py
40utils/$5=16 utils/Py
8 utils/$ =16utils/Py
Make Py subject of the formula by cross multiplying
Py×8= 16
Py=16/8
Py=$2 per Unit
Price of y=$2 per unit
<u>A fully global organization might set up a </u><u>joint venture</u><u> with a foreign company to create a new, </u><u>independent company </u><u>that produces a specific product.</u>
When businesses expand internationally, they frequently begin small?
When businesses expand internationally, they frequently begin by merely exporting their goods to one or more foreign nations.
Exists a company that runs operations in multiple nations?
- A multinational corporation is one that has operations and business locations in two or more different nations.
- These businesses are frequently run from a central office with its headquarters in the nation of origin.
What attribute best describes a transnational corporation?
A "borderless organization" with numerous operations and no central headquarters is referred to as a transnational corporation.
Learn more about multinational corporation
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Answer:
The correct answer is A
Explanation:
Value network is the graphical illustration of the technical as well as social resources among the firms and how they are utilized. And the nodes in the value network states the people, which are connected or linked through the interactions which represent the deliverables.
So, the accurate statement is that it is a system of the alliances and the partnerships which firm creates to augment, deliver and source its offerings.
Answer:
1. Journal Entry Debit Credit
Raw materials inventory $73,400
($72,000 + $1,400)
Accounts payable $73,400
(Being raw materials purchase on credit)
2. Journal Entry Debit Credit
Work in process $64,300
($64,000 + $300)
Raw materials inventory $64,300
<u>Raw Material Inventory Account</u>
Beginning balance $36,000 | Work in process $64,300
Purchase $73,400 | <u> </u>
| Ending balance <u>$45,100</u>
| ($36,000 + $73,400 - $64,300)