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Zielflug [23.3K]
4 years ago
15

Which of these changes are planned and based on situations that are expected to arise?

Business
1 answer:
VLD [36.1K]4 years ago
6 0
Exponential could be a good strategy
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A document that tracks a company's income and expenses is referred to as
Harrizon [31]
The income statement
7 0
3 years ago
In which market structure will a firm choose not to shut down when price is less than average variable cost?
tangare [24]

The market structure in which a firm will choose not to shut down when price is less than average variable cost is:

None of the above. All firms will shut down when Price < AVC.

 

To add, in economics, average variable cost (AVC) is a firm's variable costs (labor, electricity, etc.) divided by the quantity of output produced.

6 0
4 years ago
As part of her annual review of her​ company's budgets versus​ actuals, Mary Gerard isolates unfavorable variances with the hope
Sliva [168]

Options:

a. Actual overhead costs below applied overhead costs

b. Actual production units below budgeted production unit

c. Standard direct labor hours below actual direct labor hours

d. The standard variable overhead rate below the actual variable overhead rate

Answer: c. Standard direct labor hours below actual direct labor hours

Explanation: The variable overhead efficiency variance can obtained by multiplying the difference between the actual and Budgeted labour hours by the hourly rate for standard variable overhead. In this case, the outcome may be favorable or unfavorable. The variable overhead efficiency variance will be favorable if the actual labor hours is less than the budgeted hours while it will be unfavorable if the actual labor hours exceed the budgeted labor hours as described in the scenario above.

7 0
3 years ago
One of the roles of government in a free market system is to: a.Market ideas freely b.Finance companies c.Foster competition d.W
Natali [406]

Answer: foster competition

Explanation:

A free market system is an economic system whereby the individuals and the firms control the market and resources are allocated based on the demand and the supply of the goods and services.

One of the roles of government in a free market system is to Foster competition. The government makes policies which helps to prevent certain producers from having too much power and enable there is a level playing ground for everyone.

3 0
4 years ago
In Macroland, potential output equals exist100 trillion and the natural rate of unemployment is 4 percent.
maxonik [38]

Answer:

GDP gap =  -2 %

GDP gap = 2%

Explanation:

given data

potential output = 100 trillion

natural rate unemployment = 4 percent

solution

we know as per the Okun's law

the GDP gap will be =  -2%  ( for every 1% )

the actual unemployment rate exceeds its natural rate

so here  if actual unemployment rate = 5 %

GDP gap will be

GDP = ( 5% -  4% ) × -2

GDP gap =  -2 %

and

when  actual unemployment rate = 3%

so GDP will be

GDP gap = ( 3% -  4% ) × -2

GDP gap = 2%

7 0
3 years ago
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