Answer:
B. one firm has the exclusive ownership of a scarce resource.
Explanation:
Monopoly can be regarded as market structure whereby a single seller thrives, this is a structure whereby the seller sells a unique product in the market. As far as monopoly market is concerned, no competition is been encontered by the manufacturer , because he is the only one selling goods with no close substitute. As a result of this there is restrictions of the entry of other sellers in the market.
It should be noted that monopoly may exist because one firm has the exclusive ownership of a scarce resource.
Answer:
In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.
Answer:
The variable factory overhead controllable variance is $2,250 favorable.
Explanation:
variable factory overhead controllable variance
= standard variable cost - actual variable cost
= $5500-2.5*3 - $39000
= $2,250 favorable
Therefore, The variable factory overhead controllable variance is $2,250 favorable.
Answer:
b
Explanation:
manic episodes can lead to obsessive behavior
