Answer:
False
Explanation:
The competitive market works completely on the force of demand and supply. In this market there is no other restrictions or perks from any third party.
With this the prices of any commodity depends upon the free flow of market.
When the government imposes any restriction on price ceiling, in the competitive market then the shortage of goods arise, as because no individual supplier generally, gets ready to supply the goods at such binding price, which generally, leads to inflation, which is not practical as government has binding price ceiling.
Thus, the statement is false.
Answer:
a. inoculation
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION
a. inoculation
b. inductive reasoning
c. deductive reasoning
d. cognitive dissonance
From the question we are informed about Alice who was recently criticized for the poor performance of her store this quarter. When Alice stated that profits for the company overall were down for the quarter, she mentioned that recent highway construction in front of her store was the main reason for low profits. She presented reports that compared store sales along the highway versus other stores in her town to prove her point. This case is an example of inoculation.
Inoculation approach can be regarded as a approach that is utilized in comparative advertising campaign so that consumer resistance can be built
to competitive products. This term was
derives from the medical term of
prevention of disease through the use of inoculations of little weakened doses of that disease so that natural defense system so that the body could be stimulated. For instance, inoculation message can be designed so that
teen cigarette smoking can be
discouraged.
Answer:
D. participant companies do not share costs or profits.
Explanation:
A strategic alliance is the business relation that would be between two or more companies in order to accomplish their individual goals and objectives. In this, the companies would be work independently so that no one could interfere. The motive to create this is to gain a competitive advantage
So according to the given situation, the option d is correct
And, the rest of the options would be incorrect
Answer:
Total materials variance = (Actual quantity * Actual price) - (Standard quantity * Standard price)
= 2,850 - (230 * 14.4)
= 462 (Favourable)
Materials price variance = (Standard price - Actual price) * Actual quantity
= [1.8 - (2,850/1,500)] * 1,500
= 150 Unfavourable
Materials quantity variance = (Standard quantity - Actual quantity) * Standard price
= [(230 * 8) - 1,500] * 1.8
= 612 Favourable
Total labour variance = (Actual hours * Actual rate) - (Standard hours * Standard rate)
= 19,458 - (230 * 84)
= 138 Unfavourable
Labour price variance = (Standard rate - Actual rate) * Actual hours
= [14 - (19,458/1,410)] * 1,410
= 282 Favourable
Labour quantity variance = (Standard hours - Actual hours) * Standard rate
= [(230 * 6) - 1,410] * 14
= 420 Unfavourable
Answer:
No, Langstraat cannot disaffirm his rejection for the uninsured motorist coverage. Since Langstraat is a minor, he can legally disaffirm a contract, but by doing so, he will disaffirm the entire contract, not just one or two previsions of his choice.
In this specific case, Langstraat can disaffirm the whole insurance policy contract, but he cannot disaffirm only one clause. If he chooses to disaffirm the whole policy, the result will be the same, he will not have coverage.
