Answer:
b. volume variance.
Explanation:
Volume variance can be defined as the difference between the static budget and the flexible budget.
It mainly occurs as a result of the difference between the actual volume and the budgeted volume derived from the static budget.
Answer:
If the marginal cost of a gallon of milk increases, how will the household respond?
C. The household will continue to consume the same amount.
Explanation:
The increase in the marginal cost of a gallon of milk will not greatly alter the quantity of milk consumed by a typical household. At this initial point when the marginal cost of a gallon of milk increases, the household is not affected because the seller has not shifted the cost to consumers. Even when the marginal cost increase is shifted to the consumers, the quantity required by the household remains the same. What may likely change at that stage is that the price at which the a household buys a gallon of milk increases marginally. The marginal increase will not distort demand for milk but households can change brands and not the quantity of milk, or at worst, they pay a higher price for a gallon.
Answer:
Read Books About Personal Finance. ...
Start Budgeting. ...
Reduce Monthly Bills. ...
Cancel Cable. ...
Stop Eating Out. ...
Plan a Monthly Menu. ...
Pay Off Your Debt. ...
Stop Using Your Credit Cards.
Explanation:
Answer:
Option D; both options A and B.
a) THE WBS IS THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROLS.
b) WORK PACKAGES ARE THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROL.
Explanation:
A work breakdown structure (WBS) is a visual tool for defining and tracking a project deliverable and all the small components needed to create it.
A work-breakdown structure (WBS) in project management and systems engineering, is deliverable oriented breakdown of a project into smaller components. A work breakdown structure is a key project deliverable that organizes the team's work into manageable sections. It is a basis for project scheduling, cost control, and project budget.
Therefore, both options A and B are true;a) THE WBS IS THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROLS.
b) WORK PACKAGES ARE THE BASIS FOR PROJECT SCHEDULES, BUDGETS, AND CONTROL.
Answer: b. The instrument is correlated with x1.
d. The instrument does not directly influence y, except through x1.
Explanation:
Based on the information given in the question, the necessary characteristics of a suitable instrument include:
• The instrument is correlated with x1.
• The instrument does not directly influence y, except through x1.
Some of the criteria for an instrument variable are the fact that it should have a causal effect on independent variable and also the dependent variable isn't directly affected except through the independent variable which is x1 in this scenario.
Therefore, the correct option are B and D.
