Answer:
Equilibrium
Explanation:
The supply of material meets the demand (intersect) of the people
Answer:
$17,688 unfavorable
Explanation:
The computation of the variable efficiency variance is shown below:
Variable efficiency variance = (Actual hours - standard hours) × standard rate
= (2,700 hours - 200 units × 6.8 hours) × $13.20
= (2,700 hours - 1,360 hours) × $13.20
= 1,340 hours × $13.20
= $17,688 unfavorable
Since the actual hours is more than the standard hours so it would leads to unfavorable variance
<span>
<span>True.
Risk in investment can be defined as the possibility that the investor may
lose a big portion or all of the initial investment or make very high returns
in a short period. Risk which is often likened to volatility dictates that
the higher the volatility the higher the chances of returns. Speculative
investments such as leveraged ETFs(commodities such as gold, oil, silver),
options, venture capital trusts are considered high risk and often so offer
handsome returns or cost the investor all or even more of their initial
capital. It is however important to note that high risk does not
automatically translate into high returns. The intrinsic value of the
investment vehicle among other factors need to be considered in depth to
determine if the investment is worth the risk</span></span>
Answer:
The correct answer is: Snob effect.
Explanation:
The Snob effect is a phenomenon that tries to explain why the demand for a good or service increases in the high-income sector while it decreases substantially in the low-income sector. This scenario is created when people need access to rare or exclusive goods or services.
