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If we are economists we want to look at marginal benefits and marginal costs to help us to see why consumers buy what they buy . When people make decisions they look at the additional cost and benefit of the decision. The cost or benefit of that decision is called the marginal cost or the marginal benefit. If consumers are making rational decisions and if two products are of equal benefit to a consumer, then he or she will choose the cheaper product. However, if two products are the same price, the consumer will choose the one that provides the higher benefit. People who have a certain incomes will also have to make a choose based on how much money they have.
The selling price of the goods is $1,500, and the cost to Diaz Company was $800. On September 8, De La Hoya returns defective goods with a selling price of $200 and a scrap value of $80. Record the transactions on the books of De La Hoya Company.
Identify two alternatives for recording the probable loss. Evaluate each alternative in terms of values, positive consequences, and negative consequences.
on 7109 abc company sold inventory to xyz company for 300000. the terms of the sale were downpayment of 75000 and three
john fleming chief administrator for valley view hospital is concerned about the costs for tests in the hospitals lab.
explain the characteristics of integer programming problems.give specific instances in which you would use an integer
What are three characteristics of a sole proprietorship - Are these characteristics the same as or different from those of a partnership?
project m costs 60000 its expected cash inflows are 13500 per year for 7 years and its required return is 14. what is
Consider the charges brought against the BLMIS auditor, David Friehling, regarding his failure to complete certain audit steps. If you were auditing BLMIS, what type of evidence would you like to review to determine whether BLMIS had purchased
early in january 2010 tellco acquired a new machine and incurred 100000 of interest installation and overhead costs
Define the term green computing and state the primary goals of this program.
peter saflund a technology workforce researcher and a special advisor to the national skills standards board nssb on
page manufacturing company uses the percentage-of-completion method of recognizing income on its long-term projects.
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