The equilibrium price and quantity increases
Answer:
Sorry but I don't know what to make of this.
Explanation:
<u>Answer:</u>
<em>Be sure your company is taking good care of their customers (People/Purchasers), and having the right Planning.</em>
<u>Explanation:</u>
The Nine P’s/9 P’s of Marketing can be used successfully by product companies, service firms, for profits entities and nonprofits selling directly or indirectly to consumers (B2C), to marketing intermediaries (such as industrial, consumer, retail, wholesale and professional channels of distribution), and to other businesses (B2B).
Marketing is about action and making thing happen. It’s about looking and establishing objectives, strategies and tactics. It’s not about hope or the feeling of expectation and the desire for a certain thing to happen, as in hoping to increase sales versus a major competitor.
Costs incurred as a result of past irrevocable decisions and irrelevant to future decisions are called opportunity costs.
Sunk costs are funds already spent in the past, and opportunity costs are potential returns not realized on future investments because the capital was invested elsewhere.
Sunk costs are costs that have already been incurred and have no possibility of future recovery. For example, rent, spending on marketing campaigns, or money spent on new equipment can all be considered sunk costs. Sunk costs are also known as past costs.
Sunk costs, also known as retroactive costs, refer to investments already made that cannot be recovered. Examples of irrevocable decisions in corporate sunk costs include marketing, research, installation of new software or equipment, salaries, benefits, or operating expenses.
Learn more about irrevocable decisions at
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Answer:
a. $3,740 Favorable
b. $680 Unfavorable
Explanation:
The computation of labor rate variance and labor efficiency variance is shown below:-
Labor rate variance = Actual cost - (Actual hours × Standard rate)
= $130,220 - (9,850 × $13.60)
= $130,220 - 133,960
= $3,740 Favorable
Labor efficiency variance = Standard rate × (Actual hours - Standard hours)
= $13.60 × (9,850 - 1,750 × 5.6)
= $13.60 × 50
= $680 Unfavorable