What are the two types of intergovernmental organizations?
What will be an ideal response?
IGOs can be categorized into two basic groups: (1) general IGOs that have competence in a wide variety of fields, including politics, security, culture, and economics, like the United Nations, and (2) specialized IGOs that limit their activities to a particular field.
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You cannot make grape jelly without grapes. If the price of grapes increases, what happens to the supply curve for grape jelly?
a. It will stay the same. b. It will shift to the right. c. It will shift to the left. d. It will shift to the right in the short term and to the left in the long term.
Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450
and factory overhead was $18,710. The number of equivalent units of production for the period for conversion if the average cost method is used to cost inventories was: A) 15,650 B) 14,850 C) 18,000 D) 17,250