Answer:
neither
producer surplus
consumer surplus
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
The first scenario is neither a producer or consumer surplus because a transaction did not take place
The second scenario is a producer surplus.
the producer surplus = 60 - 55 = 5
The third scenario is a consumer surplus
consumer surplus = $114 - $107 = $7
Answer:
False
Explanation:
As per the chapter of power and politics, all tactics exercised depends on the audience on which it is exercised, and how responsive the audience reacts to such tactics, but it is said to apply the softer tactics as would be easy to apply for the individual and it might result favorable on audience.
If such soft tactics fail then harder tactics shall be practice. As this will minimal the efforts of individual and will impact highly on the power to attain goals.
Thus, the above stated statement is False.
Answer: All of the above
Explanation: During an interview, it is important to take into account a series of elements such as: having a pleasant tone of voice, a positive vocabulary, and a good command of grammar. The characteristics mentioned above allow communication to take place in an adequate way, allowing the interviewee to understand what is being asked of him and respond appropriately.
Answer:
Overhead volume variance= $1000 unfavorable
Explanation:
Giving the following information:
Actual total factory overhead incurred $ 28,875 Standard factory overhead: Variable overhead $ 2.10 per unit produced Fixed overhead ($11,200/11,200 predicted units to be produced) $ 1.00 per unit Predicted units to produce 11,200 units Actual units produced 10,200 units.
Overhead volume variance= fixed overhead rate*(Normal capacity - standard capacity)
Fixed overhead rate= $1 per unit
Standard capacity= 11,200 units
Normal capacity= 10,200
Overhead volume variance= 1*(10,200 - 11,200)= $1000 unfavorable
Answer: Demographic information
Explanation:
The demographic information is basically refers to the statistical data that is related to the specific group of the consumers.
The main use of the demographical information is that we can easily understand the each segment of the group of the customer in the business.
By using the demographical data we can easily understand the various types of characteristics in an organization such as work situation, income and the ethnicity by proper survey.
Therefore, Demographical information is the correct answer.
