Direct relation. If iron is used to make steel, and iron is cheaper now, steel will also be cheaper. Decrease in price can mean they have a bunch of it, a surplus.
Supply and demand says if you got a lot of something prices go down. So if you have a lot of cheap iron, you can make a lot of cheap steel
Incomplete question. I inferred you want to know if it is true or false.
Answer:
<u>True</u>
Explanation:
This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.
For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.
Answer:
Overhead at the end of the year was $3,570 under-applied
Explanation:
For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $521,220 ÷ 21,900 hours
= $23.8
Now we have to find the actual overhead which equals to
= Actual direct labor-hours × predetermined overhead rate
= 21,750 hours × $23.8
= $517,650
So, the ending overhead equals to
= Actual manufacturing overhead - actual overhead
= $521,220 - $517,650
= $3,570 under-applied
The best option among the choices provided that has a significantly higher possibility of being hired in a position at Human Resources would be <span>Michelle, who studied psychology and physiology." It would be a great advantage of Michelle to settle on the job since she already has an adequate understanding of people's emotions.</span>
Answer:
The correct answer is the option A: Diseconomies of scales.
Explanation:
To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.
