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3 years ago

What's microeconomy

1 answer:

3 0

An example of microeconomics—the study of how individuals or individual businesses allocate resources—could be the way in which a family plans for a vacation to Disney World. ... In other words, microeconomics involves consideration of trade-offs.

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High competition for and debates over natural resources affect the development of government policies

andrezito [222]

Answer:

Letter A is correct. TRUE.

Explanation:

This statement is true and supported by the sociological structure of social complexity, which is a concept of analysis of society that reflects the relationship between social behavior through continuous and complex circumstances, such as armed conflicts, emigration patterns and political movements.

This concept supports that human beings are not passive individuals, therefore they search for goals that will improve the quality of life of society, therefore high competition and debates about natural resources will significantly affect the development of government policies, as the sustainability and use of Natural resources are a topic that is widely discussed today, and society increasingly seeks socio-environmental responsibility from organizations and governments, as this is a relevant issue for survival and quality of life. So this issue will influence policy, which is an adaptive and complex system that exists to manage issues that affect society.

5 0

3 years ago

Depreciation is a _____, a cost that cannot be affected by any future action.

stiks02 [169]

Depreciation is a sunk cost. It is the value lost on an asset after consumption. In accounting, depreciation cost qualifies as a sunk cost because it is already lost and cannot be recovered. For that reason, it is correct to ignore depreciation cost when determining the future course of a business.

7 0

3 years ago

Read 2 more answers

When the Central Bank lowers the bank rate, borrowing from the central bank becomes cheaper and commercial banks borrow more fro

tresset_1 [31]

Answer:

= All

Explanation:

= U.S. exports increase, shifting U.S. aggregate demand to the right

7 0

3 years ago

Losing money and working long hours are what for an entrepreneur. a. Realities b. Disincentives c. incentives

Flura [38]

REALITIES

Losing money and working long hours are realities for an entrepreneur.

Starting a business is very challenging. You must be financially sound and very brave to overcome obstacles that may stop you from being successful as an entrepreneur.

That is why business proposal and studies are done to see whether starting up a business is a good and profitable idea in any given environmental factors.

6 0

3 years ago

Read 2 more answers

The standard cost of product 777 includes 2.9 units of direct materials at $6.8 per unit. During August, the company bought 29,2

Olegator [25]

Answer:

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

Explanation:

Total Material Variance = Standard Cost - Actual Cost

Standard Cost = Standard units $\times$ Standard Price

Standard Units = 10,300 $\times$ 2.9 = 29,870 units

Standard cost = 29,870 $\times$ $6.8 = $203,116

Actual Cost = 29,200 $\times$ $6.90 = $201,480

Total Material Variance = $203,116 - $201,480 = $1,636 Favorable

Material Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Units

= ($6.8 - $6.9) $\times$ 29,200 = - $2,920 Unfavorable

Material Quantity Variance = ( Standard Units - Actual Units) $\times$ Standard Price

= (29,870 - 29,200) $\times$ $6.8

= $4,556 Favorable

Final Answer

Total Material Variance = $1,636 Favorable

Material Price Variance = $2,920 Unfavorable

Material Quantity Variance = $4,556 Favorable

8 0

2 years ago

What's microeconomy​

What's microeconomy