Answer:
a. the difference between actual and budgeted fixed overhead costs.
Explanation:
As we know that
The variance is shows the difference between the actual amount and the budgeted amount or estimate amount
So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature
Hence, the first option is correct
Monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.
<h3>
What is a monopoly?</h3>
- A monopoly occurs when there is a single seller in the market.
- The monopoly case is considered the polar opposite of perfect competition in conventional economic theory.
- The demand curve facing the monopolist is, by definition, the industry demand curve, which is downward sloping.
<h3>What is
oligopoly?</h3>
- Oligopolistic markets are characterized by a small number of suppliers.
- They can be found in all nations and in a wide range of industries.
- Some oligopoly markets are very competitive, whereas others are substantially less so, or appear to be.
Monopolistically competitive enterprises, unlike monopolies and oligopolies, cannot influence market prices only through their size.
Therefore, monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.
Know more about monopoly here:
brainly.com/question/13113415
#SPJ4
Correct question:
The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive firms.
(A) cannot influence the market price by virtue of their size alone.
(B) are price takers.
(C) do not have a price as a decision variable.
(D) benefit from barriers to entry.
Systematic acquisition and recording information concerning members of a given population is called census. This involves collecting and gathering data about the size and the composition of a population in a given country or nation. In the U.S for example census is undertaken after every ten years which involves tallying the population in the country and recording basic information such as age, sex and race. The census is used by the federal government among other reasons to establish the allocation of funding for education programs in the communities and states
Answer:
Explanation:
Production budget is a schedule of the number of units of goods that are to be produced using a forecast sales amount and the level of the opening and closing inventory
Bath Scale Gym Scale
Northern region 25,500 33,300
Southern region 27,500 28,900
Total 53,000 62,200
Opening inventory (1,200) ( 2,500 )
Closing inventory 900 2,700
Total units to be produced 52,700 62,400
Bath scale = 53000+900 -1200 = 52700
Gym scale = 62200+ 2700-2500 =62,400
