(Consider This)Unlike Newspaper Dispensing Devices,soft Drink Dispensing Machines Do Not

question 63

Multiple Choice

(Consider This) Unlike newspaper dispensing devices,soft drink dispensing machines do not permit people to take more than one can or bottle with each payment.The reason is that the:

• A) opportunity cost of additional cans or bottles of a soft drink increase very rapidly.
• B) marginal utility of extra soft drink cans or bottles declines slowly,particularly because they are storable and can be consumed later.
• C) marginal utility of extra soft drink cans or bottles declines quite rapidly.
• D) opportunity cost of additional cans or bottles of soft drink increases very slowly.

---

Definitions:

Sales Journal

A specialized journal used to record all sales of merchandise on credit, organizing transactions systematically for accounting purposes.

Cash Receipts Journal

A financial journal that records all cash inflows to the business, including sales, loan proceeds, and investment income.

General Ledger

A complete record of all financial transactions over the life of a company, serving as the primary data source for the financial statements.

Accounts Receivable

Unpaid amounts by customers to a company for goods or services already rendered.