Is it true that when a consumer is choosing between 2 good that a consumer will always buy the good that gives the most marginal utility?

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 14 units at $36 $504 Aug. 7 Purchase 19 units at $38 722 Dec.

Gain on sale of investments 80 Income before tax 1,270 Income tax expense 550 Net income 720 Cash dividends 260 Income retained in business $460 Additional information: During the year, $70 of common stock was issued in exchange for plant assets.

Wallace's Wrench Company manufactures socket wrenches. 1. For next month, the vice president of production plans on producing 4,000 wrenches per day. 2.

A fee interest timeshare divides the ownership of a unit into separate time intervals. A. True. B. False.

Which of the following items is included in the financing activities section of the statement of cash flows? A. Cash effects of transactions involving making and collecting loans. B.

Franklin Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 185,000 shares of stock outstanding.

3. What was the purpose of the Thierenstadt ghetto? It was the public face of the Nazi ghettos and was accessible to the Red Cross; it was also a transport site for both Eastern ghettos and extermination camps.

Assume the natural rate of unemployment in the U. S. economy is 5 percent and the actual rate of unemployment is 9 percent. According to Okun's law, the negative GDP gap as a percentage of potential GDP is. A) 2 percent. B) 8 percent. C) 10 percent.

An air-filled pipe is found to have successive harmonics at 1085 HzHz, 1395 HzHz, and 1705 HzHz. It is unknown whether harmonics below 1085 HzHz and above 1705 HzHz exist in the pipe. What is the length of the pipe

Cullumber Corporation purchased trading investment bonds for $55,000 at par. At December 31, Cullumber received annual interest of $2,200, and the fair value of the bonds was $52,500.