<span>Governments use administrative trade policies to boost exports and restrict imports.
When the do this, they are helping producers but hurting the consumer. The administrative trade policies are taking away goods that consumers want by not allowing them to purchase or import the item.</span>
Answer:
It increases the chance that the investment will lose all value.
Explanation:
If you go for a risky investment, it could increase the chance of it being a waste of time and money to sum it all up. But the answer you seek is, "It increases the chance that the investment will lose all value."
Answer:
Variable overhead rate variance = $ 875 favorable
Variable overhead efficiency variance = $ 4,185 favorable
Variable overhead cost variance = $5,060 Favorable
Explanation:
Standard hours = 1 hr x 2600 units = 2600 hours
Standard rate = $3.10
Actual hours = 1,250 hours
Actual rate = $2.40
Variable overhead rate variance = ( Standard Rate - Actual Rate ) x Actual Hrs
= ( $ 3.10 - $2.40 ) x 1250 Hrs
= $0.7 x 1250
=$ 875 favorable
Variable overhead efficiency variance = (Standard hours - Actual hours) x Standard Rate
= (2600 - 1250 ) x $ 3.10
= $ 4,185 favorable
Variable overhead spending variance = Variable overhead rate variance + Variable overhead efficiency variance
= $875 + $4,185
= $ 5,060 favorable
Variable overhead cost variance = Standard cost - Actual Cost
= (2600 X 3.10) - (1250 X 2.40) = 8,060 - 3000
= $5,060 Favorable
Answer:
A strictly dominant action produces: a higher payoff than any other action the player can use for every possible action of the other players.
Explanation:
A strictly dominant action does not play fair. Here, there is no equality because strict dominance requires all payoffs to be strictly greater.
A strictly dominant strategy is that strategy that always provides greater utility to a the player, no matter what the other player's strategy is.
A rational player will avoid a strictly dominated counterpart because if his opponent uses strictly dominated action he will be come out worse off regardless of which moves other players make.
Answer:
$312.5 million
Explanation:
Given that,
Besnier Company's sales last year = $250 million
Fixed assets last year = $75 million
Previous operating capacity of fixed assets = 80%
Sales at full capacity:
= Previous sales ÷ Previous Capacity
= $250 million ÷ 80%
= $312.5 million
Therefore, if the company had operated at full capacity then the sales could have been $312.5 million.
