A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning.
Answer is D. checking account as they allow the depositor to withdraw funds at any time.
Joe decided to start washing cars on his street. The other kids in the neighborhood noticed Joe was making a lot of money washing cars and decided to open their own car wash. When they opened their own car wash, the equilibrium price decreased and the equilibrium quantity increased.
The price at which the quantity provided and demanded are equal is referred to as the equilibrium price. It is established by where the demand and supply curves cross. If more goods or services are produced than are needed to satisfy demand at the going rate, there is a surplus, which pushes prices lower.
Reduced demand will result in a drop in the equilibrium price and a reduction in supply. With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required. The equilibrium price will increase as the supply declines, while the quantity needed will go down.
Learn more about equilibrium price and quantity here
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Answer:
The correct answer is letter "E": 80.
Explanation:
According to the U.S. Bureau of Labor Statistics (<em>BLS</em>) by the end of the second quarter in 2019 over 107 million workers -around 80% of the total American labor force- were engaged in the private service industry. The most important sectors related were <em>transportation, utilities, education, health care, professional, </em>and <em>business services</em>.
Answer:
$1.8 Unfavourable
Explanation:
Labor usage variance can be calculated by deducting Standard hours from Actual hours and multiplying the result by the standard rate.
DATA
Standard hours = 1.50 hours
Standard rate = $12/hour
Actual hours = 1.65 hours
Actual rate = $11.5/hour
Calculation
LABOUR USAGE VARIANCE = (SH-AH)SR
LABOUR USAGE VARIANCE =(1.5 - 1.65) x $12
LABOUR USAGE VARIANCE = (-0.15) x $12
LABOUR USAGE VARIANCE = $1.8 Unfavourable
The answer, in my opinion, has to only beB
