Answer: Fiction
Explanation: According to some theorists, public opinion is a rhetorical construction. This means that it is a phantom, having no real link to "the public" as citizens. These theorists go on to claim that politicians and journalists tend to state that public opinion regarding a certain issue is concluded without any available evidence, or public's influence. However this is only one form of the definition of public opinion.
Other types of definitions include:
Public opinion is an aggregation: Journalists and politicians claim public opinion is the total of a lot of individual opinions.
Public opinion reflects the majority's beliefs: Theorists claim that public opinion is the equivalent of the values and beliefs of the majority.
Public opinion is discovered in groups clashing: Some theorists believe public opinion lies in power dynamics within a group, and how it coexists, or fails to do so, with other groups.
Public opinion reflects media: Theorists believe that public opinion is best gathered from what politicians, journalists and other influential elites believe.
The net income of the company is $193,000
What is the net of the company?
The net income of the company is the total consulting revenue minus the salaries expense, interest expense, and rent expense, in other words, revenue minus total costs of running the company
net income=consulting revenue-rent expense-interest expense-salaries expense
consulting revenue=412,000
rent expense=23,000
interest expense=13,000
salaries expense=183,000
net income=412,000-23,000-13,000-183,000
net income=$193,000
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Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. An increase in the price of tomatoes will LOWER the total surplus in the market for mustard
Answer:
The correct answer is option C.
Explanation:
There is a recession in the economy. It has lead to a reduction in the construction of new houses. This has affected Lance's business adversely. Also, the banks are going to increase the interest rates for the credit or reduce the credit limit.
An expansion in the economy will be helpful for Lance's business. If feds reduce interest rates, the cost of borrowing will decrease. This will boost investment in the economy. With the increase in investment production and income increase as well. This will create more demand in the economy.
Answer:
(a) rate variance = $ 5,234, Adverse
(b) time variance = $ 6,360, Favourable
(c) total cost variance = $1,126, Favourable
Explanation:
(a) rate variance,
rate variance = (Standard Rate - Actual Rate) × Actual Hours
=( $12.00- $12.20) × 26,170 hours
= $ 5,234, Adverse
(b) time variance, and
time variance = (Standard Hours - Actual Hours) × Standard Rate
= (26,700 hours - 26,170 hours) × $12.00
= $ 6,360, Favourable
(c) total cost variance
total cost variance = rate variance + time variance
= $ 5,234, Adverse + $ 6,360, Favourable
= $1,126, Favourable
