Answer:
I and II
Explanation:
The key costs assigned to products under an absorption costing system are:
- Direct materials. Those materials that are included in a finished product.
- Direct labor. The factory labor costs required to construct a product.
- Variable manufacturing overhead. The costs to operate a manufacturing facility, which vary with production volume. Examples are supplies and electricity for production equipment.
- Fixed manufacturing overhead. The costs to operate a manufacturing facility, which do not vary with production volume. Examples are rent and insurance.
Answer: Harder to sustain cooperation
Explanation:
When the number of firms in an oligopolistic market increases as is the case here, cooperation becomes harder because profits become smaller so companies start to become more selfish.
Also in this scenario, the cheating firm has the incentive to do so because the profit is so much higher than sharing so companies will always be looking to cheat in order to make this profit. The other firms would reply by reducing prices and all of them would suffer.
Answer:
control
Explanation:
governance is the action or manner of governing.
Answer:
2. 9 million
Explanation:
We know that
Unemployment rate = Number of unemployed workers ÷ Civilian labor force
6% = Number of unemployed workers ÷ 150 million
So, the number of unemployed workers would be
= 150 million × 6%
= 9 million
We simply applied the unemployed rate so that the number of unemployed workers could come
All other information given is of no significance. So, ignored it
