Suggest a decision each person may make based on information provided by a company's accounting information.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Which of these is an example of innovation?