Answer:
u tell me cause I dont know
Explanation:
my bad but I need points
Answer:
$600 unfavorable
Explanation:
The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:
The variance is given by subtracting the budgeted cost by the actual cost ($97,000):
Since the variance is negative, the variance is unfavorable
Answer:
B- Encourages innovation because successful innovators are rewarded with economic profits.
Explanation:
The competitive market system is largely encouraging as it keeps firms and companies on their toes, encouraging fresh ideas and work plans, aimed at getting ahead of other competitors in the market.
When these competitive strategies birth successful innovations, economic profits are made by the innovators as there is an<em> increased customer base, increased effectiveness and increased customer satisfaction</em> by meeting needs through fresh ideas. This creates a <em>consequential rice in profits which is the major target of every profit making organization.</em>
Answer:
a) profitability;
Explanation:
The key characteristics required for accepting the money as a medium of exchange includes durability, divisibility, portability, scarcity only
It does not involved the profitability as it is concerned with the profits only and thus not relevant for the acceptable medium of exchange
Therefore in the given case, the option a is correct
Answer:
Maud has a higher rate of time preference than Harold
Explanation:
People with a higher rate of time preference are focused more on their present and the immediate future comfort than other people.
When rate of time preference is higher the person is willing to give more on what they received in order to receive the benefit before.
