Answer:
$326,400 is the variable cost quantity factor while $56,000 is the unit cost factor
Explanation:
The variable cost quantity factor is a measure of the difference between the planned and actual units multiplied by planned variable cost.
That is Variable Cost quantity factor = (planned units - actual units sold) x planned variable cost
= (14000-2400) - 14000) x $136
= (11600 - 14000) x $136
= -$326,400
Unit Cost factor = $(140 - 136) x 14000 units
=$56,000
Answer and Explanation:
Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit
So it is a perfectly competitive market, also it cannot influence the market price also there are price takers
Also the given statement is false as it represents the monopoly market not the perfect competition market
Answer:
customer problems
Explanation:
Customer problems -
The problems of the consumers are the main aspect by which the idea about any new product can be laid down .
As the likes and dislikes for the particular product , makes the product a hit or miss .
As if the consumers like the goods and service s, the production of the product would increase an msd the profit earned by the company will also increase , and vice versa .
Hence , from the given statement of the question,
The correct option is customer problems.
Answer:
Personal experience
Explanation:
Hasty generalization fallacy is also known as the over generalization fallacy. It is defined as making a claim grounded on the evidence that is very small. In short, the speaker jumps to the conclusions grounds on few examples.
Personal experience is defined as the something which the speaker or the person gone through or seen ourselves. So, in this people tend to take a decisions grounded off their experience and it is very quickly.
It leads to the hasty generalization fallacy. Therefore, the correct option is personal experience.
