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Ann [662]
3 years ago
11

Traders expect the price of a nonrenewable natural resource to​ _____ at a rate equal to the​ _____. We call this idea the Hotel

ling principle. A. ​rise; interest rate B. ​fall; average total cost C. ​fall; interest rate D. ​rise; average total cost
Business
1 answer:
Ivahew [28]3 years ago
4 0

Answer:

A. ​rise; interest rate

Explanation:

Hotelling principle explaining spatial competition was proposed by Harold Hotelling. The principle addresses a fundamental decision for an owner of a non-renewable resource that they prefer to keep the resource and hope for a better price in future.

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Revenue is recognized in the accounting period in which the performance obligation is satisfied. This statement describes thea)
melomori [17]

Answer:

This statement describes. c) revenue recognition

Explanation:

The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.

6 0
3 years ago
Cybernet Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. The company has budgeted
Sophie [7]

Answer:

$10,950 Unfavorable

Explanation:

For computation of flexible budget variance for total costs first we need to find out the standard cost which is shown below:-

Standard cost = (Sold connectors × budgeted variable costs) + Fixed costs per month

= (77 × $150) + $5,500

= $11,550 + $5,500

= $17,050

Flexible budget variance for total costs = Actual cost - Standard cost

= $28,000 - $17,050

= $10,950 Unfavorable

8 0
3 years ago
The core processes in a value chain must add value for the external​ customers, while support processes
shusha [124]

Answer:

B. are also part of the value chain

Explanation:

Value chain comprises two activities i.e primary activities and support activities.  

The primary activities include those activities which add the value to the customer through inbound logistics, outbound logistics, operations, and marketing sales and services

Whereas the support activities are those activities who support the primary activities. It involves procurement, firm infrastructure, etc

7 0
3 years ago
Which of the following institutional investors most likely must spend a target percentage of the portfolio annually?
konstantin123 [22]

Answer: Endowments

Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

7 0
2 years ago
MC Qu. 107 The following information is available... The following information is available for a company's utility cost for ope
lianna [129]

Answer:

Variable cost Per Unit $2.50

Explanation:

Total cost at high activity = $8100

Total Cost at Low activity = $3600

Total Units at high activity = 2400

Total Units at low Activity = 600

Variable Cost Per Unit =  (High activity total Cost - Low activity total cost ) / (High Activity unit - low activity units)

Variable cost per unit = ($8100 - $3600) / (2400 - 600) = $4500 / 1800 = $2.50

7 0
3 years ago
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