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Musya8 [376]
4 years ago
5

The law of demand is the assertion that ... ?

Business
1 answer:
Sindrei [870]4 years ago
8 0

The quantity of a demanded product is inversely proportional to its price.

Simply put, the law of demand says that when prices go UP, demand goes down and when prices go DOWN demand goes up.

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Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases a
polet [3.4K]
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3 years ago
Which of these are true of super political action committees, but not of PACs? Select all that apply.
fomenos
2: <span>Super PACs support candidates’ campaigns
3: </span><span>Super PACs enable unlimited donations.
4: </span><span>Super PACs have fewer government restrictions.
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5 0
4 years ago
Read 2 more answers
Austin Company allocates manufacturing overhead based on machine hours. Each chair produced should require 4 machine hours. Stan
dangina [55]

Answer:

$114 unfavorable variance

Explanation:

Austin produced 510 chairs:

estimated machine hours                          actual machine hours

    2,040 hours                                                       2,100

estimated variable overhead                   actual variable overhead

   $11,016                                                               $11,130

the variable overhead efficiency variance is $11,016 - $11,130 = -$114

a negative number means that the variable variance is $114 unfavorable

8 0
4 years ago
5. What is the real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 6% an
Gelneren [198K]

Answer:

Real interest rate= 0.06 = 6%

Explanation:

Giving the following information:

Nominal interest rate= 12%

Inflation rate= 6%

<u>The inflation rate provides the opposite effect on the interest rate. It decreases the purchasing power of an individual. </u>To calculate the real interest rate, we need to deduct the inflation rate.

Real interest rate= 0.12 - 0.06= 0.06

8 0
3 years ago
OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run
DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

  • Communicate the OKR
  • Choose a tool used for OKR
  • Organize the Company's OKR
  • Set the company's OKR
  • Set every single OKR for teams, departments and Individuals
  • Make the changes in OKR if required
  • Approve the OKR
  • Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0
3 years ago
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