Explain consumption point of strawberry shakes
Annette has maximized her utility by consuming both strawberry shakes and hamburgers. The price of hamburgers exceeds that of strawberry shakes. Which of the following statements necessarily must be correct at her current consumption point?
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The price of hamburgers exceeds that of strawberry shakes. Which of the following statements necessarily must be correct at her current consumption point?
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The company actually worked 105,000 machine-hours and incurred $540,000 in manufacturing overhead costs. By how much was manufacturing overhead underapplied or overapplied for the year?
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