A) Accepted everywhere
Explanation
A is the correct answer because paper money and change being accepted everywhere makes it a lot easier to use than other forms of payment which may not be accepted.
B cannot be the answer because a paper trail not being automatically created is not a good thing. If someone wished to track their purchases, it would be much harder to do so.
C cannot be the answer because it is very inconvenient to use physical money for large purchases because it often requires some sort of container for transportation and can be easily stolen or taken if the amount of money is revealed.
D cannot be the answer because an item being easy to lose cannot be a good thing unless one wishes to lose that item. Typically, one does not wish to lose money, so this answer would not work.
Answer:
The predetermined overhead rate was $7.84
Explanation:
Predetermined overhead rate is calculated by dividing the Expected overhead by the Expected level of activity on which the overhead is applied. It is a rate at which the overhead is applied to a product / project/ department.
Predetermined overhead rate = Expected overhead / Expected activity
Predetermined overhead rate = Expected overhead / Expected direct labor hours
Predetermined overhead rate = $1,490,000 / 190,000
Predetermined overhead rate = $7.84 per labor hour
Answer:
A. consumer surplus that is generated from the introduction of a new product.
Explanation:
The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.
Answer:
Is this one of the people that give free points?
