Answer:
it would be C the absolute change in the price level from one period to another.
Answer:
Such countries will <u>endure a sharp contraction of demand in the short term</u>
Explanation:
International Monetary Fund (IMF) grants loans on differing scales to countries in need but <u>has certain regulatory economic policies in place</u>, such as one that limits government spending.
These policies cause demand in such countries to contract sharply in the short run.
Comparative: D.
Absolute: B.
Explanation:
Comparative is about opportunity cost whilst absolute is about the quantity productivity efficiency
Answer:
Direct material price variance= $21,450
Explanation:
Giving the following information:
Direct materials 4 pounds $4.70 per pound
May:
Jackson purchased 107,250 pounds of direct material at a total cost of $525,525.
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 525,525/107,250= $4.9
Direct material price variance= (4.7 - 4.9)*107,250
Direct material price variance= $21,450
Answer:
(E)
Explanation:
Referent power is effective in any form of business activity. It is something which inspires the employees and to see their managers as a role model. In the above example, my supervisor has referent power over me because I consider him my role model. Some supervisors have certain interpersonal skills which help them to become a role model and a good manager.
