Alexis is the purchasing manager of a trading firm. she makes purchases worth $10,000 from a manufacturer. she incurs an additional $1, 000 on transporting these goods from the manufacturer to her company’s warehouse. in which account will the company’s accountant enter the transport expenses? a. purchase account b. freight on purchase account c. purchase discount account d. sales return account

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is