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nexus9112 [7]
3 years ago
11

Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency vari

ance is favorable, the variable overhead efficiency variance will be:
a. either favorable or unfavorable.

b.unfavorable.

c. favorable.

d. zero.
Business
1 answer:
Montano1993 [528]3 years ago
6 0
Answer is C i took the test yesterday and got a 100
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For an economy starting at potential output, a decrease in planned investment in the short run results in a(n):
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Question:

For an economy starting at potential output, a decrease in autonomous expenditure in the short-run results in a(n):

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Answer:

The correct answer is B

Explanation:

A decrease in autonomous expenditure shifts the Planned Aggregate Expenditure curve downward thus creating a lower equilibrium output.

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where

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If an economy has its output equal to its potential, this will create a reduction in short-run equilibrium output leading to a recessionary output gap.

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When prices raise, some customers stay because they are attached to that specific company, others leave because they want a burger but for a lower price. 
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