Economists do not see any difficulty in measuring pleasure and believe that consumer

b false

Explanation:

pleasure of consumers change as time goes on

11,125 units

Explanation:

Particulars                                                                  Units

Beginning WIP (2500*0.75) 25% is completed       1,875

Units started and completed during the month      8500

[10,000 -1500 as ending Inventory]  

Ending Inventory [1500*0.50]                                    750

Equivalent units                                                         11,125

So, the equivalent units for conversion costs during October is 11,125 units