Suppose barry is maximizing his utility from consuming used paperback novels and audio books. the price of a used novel = $4 and the price of an audio book = $8. if the marginal utility of the last novel was 32 units of utility (utils) what was the marginal utility of the last audio book purchased? a. 2 utils b. 12 utils c. 16 utils

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.