Answer:
The correct answer is the option C: a combination of the freemium business model and the pay-as-you-go business model.
Explanation:
On the one hand, the <em>freemium business model</em> is a way of ensuring future business transactions that a company can use by allowing users to utilize basic features of the service, such as in this case the router.
On the other hand, <em>the pay-as-you-go business model</em> is a way that the company can charge their customer and it does it by requesting the payment of the service in advanced of the use, no matter how much they use it.
In conclussion, Blue Horizon Inc is using a combination of both the freemium model and the pay-as-you-go model due to the fact that they offer a free router for their customer but they pay the service of internet in advanced as well.
The "invisible hand" works to promote general well-being in the economy primarily through people's pursuit of self-interest. therefore, Option A is the correct statement.
<h3>How does the Invisible Hand work?</h3>
The invisible hand is a part of laissez-faire, which means the "let do/permit go," method in the marketplace. In different words, the method holds that the marketplace will discover equilibrium without authorities or different interventions forcing it into unnatural patterns.
The complete information about the question is given below:
a. people's pursuit of self-interest.
b. the political process.
c. government intervention.
d. altruism.
therefore, The "invisible hand" works to promote general well-being in the economy primarily through people's pursuit of self-interest. Option A is the correct statement.
Learn more about "invisible hand":
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Answer:
1. 60,000 hours
2. $210,000
3. $10,500 Unfavorable
Explanation:
1. Standard Hours = 3 per unit
Actual production units = 20,000
Standard Hours for actual production = Standard Hours × Actual production units
= 3 × 20,000
= 60,000 hours
2. Applied variable overhead = Standard hours × Standard Rate per hour
= 60,000 × $3.50
= $210,000
3. Total Variable overhead variance = Applied variable overhead - Actual variable overhead overhead
= $210,000 - $220,500
= $10,500 Unfavorable
Share holders since they have a share of the company
152.4 centimeters hope this helps
