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Vikki [24]
3 years ago
6

When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending and a recess

ion results: a. A self-correction has occured b. An adverse aggregate supply shock has occired c. A coordination failure has occured d. A real-bussiness-downturn has occured
Business
1 answer:
yKpoI14uk [10]3 years ago
4 0

Answer: Option (C) is correct.

Explanation:

Correct option: A coordination failure has occured.

When it was observed that most of the consumers and firms decreases their spending because they expect that some other consumers and firms decreases their consumption or spending and this will lead to a recession in an economy. So there is a coordination failure has occured.

Coordination failure is generally occurs when some of the firms can achieve a desirable equilibrium but unable to achieve it because they are not be able to coordinate with their decision making.

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Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard
AlexFokin [52]

Answer:

Labor Rate Variance = - $1,188 Unfavorable

Explanation:

Provided labor hours for each radio = 0.9

Standard labor cost per hour = $7.20

Actual labor cost = $48,708

Actual labor hours = 6,600

Actual labor rate = $48,708/6,600 = $7.38

Labor Rate Variance = (Standard Rate - Actual Rate) \times Actual Hours

= ($7.20 - $7.38) \times 6,600 =<em><u> - $1,188 Unfavorable</u></em>

6 0
3 years ago
The current research on managerial skill points to four general management skills. Which of the following is NOT one of the four
inessss [21]

Answer: (D) Scientific

Explanation:

  According to the given question, the current research on the concept managerial skills is very important for improving the various types of management skills in an organization.

The scientific is not the managerial skills in an organization and the following are the four general management skills are:

  • Technical skills
  • Conceptual skills
  • Political skills
  • Interpersonal skills

The managerial skills is important in an organization as it has the problem solving ability and also effectively manage the performance and the opportunity in an organization.  

 Therefore, Option (D) is correct answer.

6 0
3 years ago
Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average
Yuki888 [10]

Based on the production process time, the days finished goods are kept on hand and others, the operating cycle would be 50 days.  

<h3>What is the operating cycle?
</h3>

The operating cycle can be found as:

= Average production time + Finished goods holding period + Accounts receivable outstanding period - Days of credit

Solving gives:

= 40 + 15 + 35 - 40

= 50 days

Find out more on operating cycle at brainly.com/question/26482515.

6 0
2 years ago
A
Andrej [43]

Answer:

not ure what the answer is jio;

Explanation:

7 0
2 years ago
Within the relevant range, fixed costs ______. per unit become progressively larger as the level of activity increases remain co
erma4kov [3.2K]

Answer:

The correct option is;

Remain constant in total regardless of changes in activity

Explanation:

In the field of Economics, fixed costs are costs that remain the same or does not undergo change when the quantity of produced goods or rendered service increases or decreases. Fixed cost are not dependent on the fluctuations in the level of produced goods and/or service.

Fixed cost are cost that are charged based on the duration of use of the facility, such as the rent paid for the factory premises.

Therefore, we have; within the relevant range, fixed costs <u>remain constant in total regardless of changes in activity</u>

3 0
3 years ago
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