The answer is D. The U.S government offers ten types of loans.
Answer: D) Output decreases by more than 25 percent
Explanation:
When a firm is said to be experiencing Increasing Returns to Scale, it means that for every additional unit of a factor of production, the firm experiences a higher increase in production than the additional unit. For example, if a Firm's output increases by 1.5 every time they hire an extra worker, the firm is said to be going through Increasing Returns to Scale.
With that same logic, if factors of production were reduced, the company undergoes a reduction in output that is bigger than the reduction in the factor of production.
For this reason, option D is correct in saying that Output decreases by more than 25 percent.
Answer: See explanation
Explanation:
Actual units sold = 86000
Budgeted units sold = 89000
Budgeted selling price = 59
Budgeted variable cost = 34
Budgeted contribution margin = 59 - 34 = 25
Budgeted market share = 20%
Acual industry volume = 334000
Standard units sold = 20% × 334000 = 66800
Sales activity variance:
= (Actual units sold - Budgeted units sold) × Budgeted contribution margin
= (86000 - 89000) × 25
= -3000 × 25
= 75000 Unfavorable
Market share variance will be:
= (86000 × 25) - (66800 × 25)
= 2150000 - 1670000
= 480000 Favorable
Industry volume variance:
= (66800 × 25) - (89000 × 25)
= 1670000 - 2225000
= 555000 Unfavorable
When are you required to operate a motorboat or PWC at 30 miles per hour or less the operator should operate between one-half hour after sunset and one hour before sunrise. It is illegal to operate a motorboat or PWC in excess of 30 miles per hour without any permission at any time from a half hour after sunset until one hour before sunrise when on waters on the state and therefore be accused by exceeding night speed limit. In addition, when the operator sees buoys or sign, they specify a boating restricted area established to protect the safety of the public and property. In these areas, a vessel may not progress at a speed greater than essential to preserve steering.