The answer is true because it need not coincide with the calendar of the week, but may begin on any day and at any hour of the day
Answer:
50,500 Units
Explanation:
The computation of the number of units produced is shown below:
Overhead rate is
= $200,000 ÷ 50,000 units
= $4 per unit
The Actual overhead is $222,000
So,
Under applied overhead is $20,000
Now
Applied overhead is
= $222,000 - $20,000
= $202,000
And, finally
Actual unit produced is
= $202000 ÷ 4
= 50,500 Units
Answer:
There is a positive linear relationship between the frequency of advertising and the sales of the advertised product.
Explanation:
A linear relationship is stablished between 2 quantitative variables that have constant proportionality. In this case, the variables are directly proportional to eachother as they move in the same direction. In addition, they are both increasing. So, we can conclude these variables have a positive linear relationship.
The freeing up of trade barriers in the Caribbean is being accompanied by foreign exchange liberalisation giving local exporters access to funds they need to bring in foreign goods.
Answer:
The answer here is false.
Explanation:
The answer is false.
This type of market is called perfect competition.
Products are identical. The buyers can buy from any seller without the fear of having different quality or quantity.
There are large number of buyers and sellers. The bargaining power of buyers is very high because sellers selling the same product are much.
These above-mentioned points made sellers to be powerless because any seller that increases its price will lose customers because buyers can get the same product else where at a lower price. Seller are price-takers, they can't influence the prevailing market price. It is the market that determines the price.
