One identical unit is purchased on each of the following three dates and at the respective costs: june 1 at $10 june 2 at $15 july 4 at $20 the company sells two units during the period. conclude which inventory items are sold first and which unit remains in ending inventory if the company is using the fifo cost flow assumption.

Goods and services that can be used for the same purpose are and goods and services that are used together are

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

According to this excerpt, a key part of our national security strategy is