Answer:
The correct answer is option b.
Explanation:
In a perfectly competitive market or industry, the firms are price takers. The price is determined by the market forces of demand and supply. The individual firms will face a horizontal line demand curve.
This horizontal line represents the demand curve, price line, average revenue, and marginal revenue. The profit is maximized when the marginal cost and marginal revenue is equal to price.
Answer:
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Explanation:
Answer:
A. multiplying the standard quantity of direct labor by the standard price of direct labor.
Explanation:
Standard cost of direct labor = Standard quantity*Standard price. Standard cost of direct labor per hour are calculated and compared with the Actual cost of direct labor per hour and multiplied by Actual hours used to calculate direct labor rate variance.
So, option A (multiplying the standard quantity of direct labor by the standard price of direct labor) is correct.
Kevin white is known for his demanding leadership style. he charged into the office one afternoon and demanded that a detailed report be on his desk by 5 p.m. "otherwise," he said, "someone will have to pay the piper." kevin is using the coercive tactic to influence, it is similar in many ways to the legal concept of undue influence. In the psychological field it is known by several names: "Reform of Thought", "Brainwashing", "Programming of Conduct".