Answer:
Increase the consumption of product Y and decrease the consumption of product X.
Explanation:
Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.
Marginal utility per dollar for Product X:
= 2 utils per dollar
Marginal utility per dollar for Product Y:
= 8 utils per dollar
Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.
The cost of goods sold for the year is $500.
Since FIFO method is to be used, the cost of goods sold for the year should be the cost of its first purchase regardless of when the product is actually bought. Thus, the cost of goods sold for the year is $500 ($500 × 1).
In this situation, the company should Enter a debit of $1.85 in the Cash Over and Short account.
By doing this, the amount of difference will be covered on the adjustment that made on the account and the calculation for the net profit and cash flows will be back to the correct value,
Answer:
I'm figuring this out for you!
Explanation:
Answer:
The correct answer is "transformational leadership"
Explanation:
Transformational leadership is when managers inspire and motivate employees to innovate and create changes that increase the productivity and quality of a company.
