Taylor's preferences for goods x and y are given by the utility function U(x, y) = ln(x) + 3y. Use elasticity of demand to predict what will happen to her consumption of good x if the price of good x decreases by 12%. Assume an interior solution. a. 0 b. + 3% c. +6% d. + 12% e. +48%

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Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622

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