PreparED Study Materials

28AA-PBA 1001: Microeconomics

School:

Number of Notes and Study Guides Available: 9

Notes

Videos

Decoding Consumer Choices: Utility, Value, and Budget in Economics
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Witness Janice's decision-making process at a market, weighing perceived value against costs. Understand the dynamics of consumer choice in economics. Learn how maximizing utility and budget constraints affect purchasing decisions.

Underapplied vs. Overapplied Overhead: Aligning Accurate Financial Rep
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Explore the intricacies of overhead costs in business accounting. Understand the differences between underapplied and overapplied overhead and their impacts on the Cost of Goods Sold. Gain insights into enhancing financial report accuracy through overhead adjustments.

Why does the free-rider problem occur in the debt market
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Classifying PPE: Understanding Tangible Assets in Business
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Explore the classification of Property, Plant, and Equipment (PPE) in business accounting. Understand the difference between tangible, intangible, and current assets. Grasp the importance of PPE on a company's balance sheet.

Promissory Notes: Key Tool in Financial Transactions Explained!
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Understand the essence of a 'promissory note', its binding legal nature, and its significance in business dealings. Learn the dynamics between the maker and the payee and how such notes facilitate fluid financial operations.

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