Answer:
The activity variance for cleaning equipment and supplies in April would be closest to = -$225
Explanation:
Cost formula for cleaning equipment and supplies = $2,540 + $45 per boat
Since the actual level of activity is 11 boats the budgeted costs for 11 boats will be $2,540 + $45*11 = $3,035
Actual costs for the 11 boats = $3,260
Activity variance = Budgeted - Actual activity cost = $3,035 - $3,260
= -$225
Since the actual cost of activity is more than budgeted cost of activity, the activity variance is unfavorable and closest to -$225.
Answer:
The correct answer is letter "A": the price of the good to the consumer and producer.
Explanation:
While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called <em>insiders</em>.
Thus, <em>signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.</em>
Answer:
Effective annual rate 8.24%
Explanation:
We solve for the effective rate by calcualte how much is the value of the APR with quarterly compounding.
Answer:
Free rider problem
Explanation:
A popular term that describes a situation when those who benefit from resources, or services offered to the community do not pay for them.
The free-rider problem usually occurs with goods or services which are non-restrictive like radio services.
Since Janet does not pay for the radio services and yet benefits from it, she is a free rider.
