The answer is A
A.Fritz describes what the problem is and what the new behavior should be (Apex)
The answer is <u>"A. Mutual funds".</u>
A mutual fund is a professionally overseen investment support that pools cash from numerous speculators to buy securities. These speculators might be retail or institutional in nature.
Mutual funds have points of interest and drawbacks contrasted with direct putting resources into individual securities. The essential favorable circumstances of mutual funds are that they give economies of scale, a larger amount of broadening, they give liquidity, and they are overseen by expert financial specialists. On the negative side, financial specialists in a mutual funds must pay different charges and costs.
Answer:
a. $700,000
86%
c. No
Explanation:
a. Jacobs will earn $700,000 per year. This equals the normal salary for a designer, $100,000, plus the economic rent he collects for his special talent, $600,000.
6/7 or 0.857 or 86% of his salary is thus economic rent. This is found by 600,000/700,000
b. The answer is No. If Jacobs’s employer withholds some of the additional revenue it takes in as a result of hiring him, some other advertising company will offer him a higher salary and still manage to earn an economic profit. Bidding for Jacobs will continue until firms are indifferent between paying him $600,000 and hiring any other designer for $100,000.
A common market also called a trading bloc is a regional group of countries with a common external tariff, no internal tariffs, and coordinated laws to facilitate exchange among members. A legal agreement that creates a collection of nations that adopt a common external tariff is known as a common market.
In a common market, nations also permit free commerce as well as the free movement of capital and labor inside the group. The goal of common markets is to encourage the free flow of people, capital, products, and services between the member states. Common markets can be discovered on a regional or international scale.
To learn more about common market, click here.
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Answer:
$4,600
Explanation:
Standard rate = $0.60
Unit produced = 9,000
Favorable spending variance = $800
Material spending variance = [Standard rate - Actual rate) * Unit produced
Material spending variance = [Standard rate*Unit produced - Actual rate*Unit produced
$800 = [$0.6*9000) - Actual cost
Actual cost = [$0.6*9000) - $800
Actual cost = $5,400 - $800
Actual cost = $4,600
