In network economics, the value of a commercial software vendor's software products:
A) increases as more people use them.
B) decreases as more people use them.
C) increases due to higher marginal gain in output.
D) decreases according to the law of diminishing returns.
E) is unrelated to the number of people that use them.
A
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Differentiate between the variable overhead spending variance and the variance overhead efficiency variance
The LIFO inventory cost flow method may be applied to which of the following inventory systems? Periodic Perpetual
a. No No b. No Yes c. Yes Yes d. Yes No
Permanent differences between pretax book income and taxable income arises from
a. tax-exempt interest revenue, only. b. certain fines, only. c. depreciation on long-lived assets, only. d. bad debt expense, only. e. tax-exempt interest revenue and certain fines.
The time between orders is given by the formula ELS/D. What is the significance of its inverse, D/ELS?
A) the number of orders per year B) the time between consuming an order C) the ratio of demand only to production and demand cycles D) the ratio of the maximum inventory to the production quantity