Answer:
The correct answer is c) pollution should be eliminated as long as the benefit from the cleanup exceeds the opportunity costs.
Explanation:
The opportunity cost is presented in situations where there are two or more good options, so the company must choose the option with more benefits leaving the second one that is known as the opportunity cost. The opportunity cost must have lower profits than the option selected.
For example, in the case of the pollution of a lake, the economist concluded that the elimination of pollution should be chosen if the benefit is more significant than the second-best option.
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Answer:
D) $8,200 favorable
Explanation:
Hockey Accessories Corporation manufactured 21,600 duffle bags during March. The following data pertain to March:
Actual Static Budget
Production 21,600 units 22,000 units
Machine hours 1,150 hours 2,200 hours
Fixed overhead costs $ 84,200 $ 92,400
What is the amount of fixed overhead spending variance?
Hockey Accessories Corporation estimated its fixed overhead costs at $92,400, but the actual overhead costs were only $84,200. The difference between estimated and actual costs is $8,200 favorable variance (= $92,400 - $84,200) since the fixed overhead costs were lower than estimated.
Answer: the answer is either A or B
Explanation:
I would personally choose B but it could be either one groups typically need a strong leader and its great to rise up to be that but constructive feedback is always good to it’s just that it can go either way with you saying that looks good your doing great or telling them that they did a bad job and could do better and most don’t like that. I hope I helped
If purchasing power parity holds, when a country's central bank decreases the money supply, its <u>If purchasing power parity holds, when a country's central bank decreases the money supply, its price level (rises/falls) and its currency (appreciates/depreciates) relative to other currencies in the world. </u>
A theory of exchange rate determination and a means to compare average prices of goods and services between nations is purchasing power parity (PPP).
According to the hypothesis, fluctuations in the spot exchange rate are caused by importers' and exporters' actions, which are prompted by variations in prices across nations.
Alternatively, PPP contends that changes to a nation's current account may have an impact on the value of the currency's exchange rate on the foreign exchange (Forex) market.
In contrast, the interest rate parity theory postulates that fluctuations in the exchange rate are caused by investor actions (whose transactions are reported on the capital account).
The "law of one price" as it pertains to the overall economy is the foundation of PPP theory.
Hence, option A and D is correct.
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If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.
<h3>What is a Contribution Margin?</h3>
The contribution margin can be expressed in gross income terms. After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.
The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.
This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.
Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.
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