Use the following two statements to answer this question: I. If utility is ordinal, a market basket that provides 30 utils provides twicethe satisfaction of a market basket that provides 15 utils.
II. When economists first studied utility it was believed that utility wascardinal, but it was later discovered that ordinal preferences are sufficientto explain how most individual decisions are made

a. I is false, and II is true.
b. Both I and II are false.
c. I is true, and II is false.
d. Both I and II are true.

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages.true or false?

What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen