Answer:
The correct answer is C
Explanation:
Flexible budget report is the report of management which compares the actual revenue or profit with the costs of the period or year along with the budgeted revenues or profits and the costs is grounded on the actual sales volume.
The amount appears on the report of the flexible budget is the budgeted amounts for the actual level of the activity achieved.
For the answer to the question above, I think the answer is
$6 per haircut * <span>24 haircuts per day = $252
</span>less the cost of barber
<span>one barber at $10 per hour * $80
</span>less the haircuts per day
$6 per haircut * <span>24 haircuts per day= $144</span>
hiring the second barber <u><em>will add $28 to profits</em></u>
So yes he should hire it
Returning a favor is an obligation to deliver particular goods or perform certain acts according to an agreement .
<h3>
What is an obligation?</h3>
A person is required by law or morality to act in a particular way. Obligations and other restrictions limit freedom. Those who are bound by obligations may choose to do so voluntarily. There is obligation when there is a choice between what is morally right and evil. Additionally, there are responsibilities in other normative situations, such as etiquette obligations, social obligations, religious obligations, and maybe political obligations, where obligations are requirements that must be fulfilled. Although some people are required to take certain actions for other reasons, such as tradition or social obligations, these obligations are often legal mandates that may carry consequences for noncompliance.
To learn more about obligation ,visit:
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Answer:
1. Demand Curve
2. Demand Schedule
3. Law of Demand
4. Quantity Demanded
5.
6. Demand curve , demand schedule
Explanation:
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Due to the negative relationship between price and quantity demanded, the demand curve is negatively sloped.
The demand curve has the price on the vertical axis and quantity on the horizontal axis.
The demand schedule is a table showing price and quantity demanded.
here is an example of a demand schedule
price quantity demanded
$2 50
$4 100
$6 150
