<span>A demand curve represents the relation between different prices of a commodity and its varying quantities purchased by people at different prices. As a general rule, the more the price, the less the demand. In the scenario described in the question, the demand curve shows the number of tickets that will be purchased at various prices. Ticket is the commodity here and the people who purchase the tickets represent demand.</span>
<span>WWW , also referred as Web 1.0 is the traditional World Wide Web and </span>Web 2.0 is the current state of online technologies.
The biggest difference between Web 2.0 and Web 1.0 is the greater collaboration among Internet users, content providers and enterprises (websites that enable community-based input, interaction, content-sharing and collaboration). At Web 1.0 <span>data was posted on Web sites, and users simply viewed or downloaded the content. </span> Web 2.0 offers<span> more dynamic Web that is more organized and is based on </span>serving Web applications<span> to users.</span>
Answer:
Demand
Consumer interference
Explanation:
The social demand curve represents the benefit of demand to the whole society whereas the normal demand curve represents the benefits to the consumers only. The demand curve represents the social cost curve and the market failure is analyzed by the customer interference.
Answer:
b) People who operate and function within the control system.
Explanation:
Internal controls are the process and mechanisms that an organization puts in place to ensure the integrity of its accounting and financial information. Internal control helps a business achieve operational efficiency and effectiveness. It ensures that a company financial reporting complies with the relevant laws, policies, and regulations.
The people working in internal control determines whether the mechanisms will succeed or fail. Employees assigned in internal control must be of high integrity and be able to discharge their duties without fear or favor. Internal control protects company resources from theft, wastage, or misuse. For internal control to achieve its purpose, the Individuals in that department must not comprise in any situation.
Answer: $21 per direct labor hour.
Explanation:
Based on the information given in the question, the predetermined overhead rate that is used will be calculated as:
= Manufacturing overhead / Direct labor
where,
Manufacturing overhead = 5460
Direct labor = 3900/15 = 260 hours
Therefore, predetermined overhead rate:
= 5460/260
= $21 per direct labor hour.
