Answer:
Option (a) is correct.
Explanation:
Given the marginal utility per dollar for the two products as follows:
All the individuals wants to maximize their utility that is obtained from the consumption of goods. We can see that marginal utility per dollar of product A is higher than the marginal utility per dollar of product B which means that this consumer should purchase more quantity of product A and less quantity of product B.
It is going on until the point at which marginal utility per dollar of both the products becomes equal.
Answer:
c. companies that have already developed products for their domestic middle markets and are now seeking to parlay their existing capabilities to serve the external global middle class.
Explanation:
- The global aspirant companies are those that strive for a globally competitive market with the product that is already developed in the market and use for the domestic middle-income countries. That target the global middle classes and serves to the external global environment of the company and is the key to business products in the society.
Answer:
$91 favorable
Explanation:
Variable overhead rate variance = (Standard variable overhead rate - Actual variable overhead rate) * Actual hour worked
Therefore, we have:
Variable overhead rate variance = ($8.00 - $7.90) * 910 = $91 favorable
Note: the variable overhead rate variance is said to be favorable becasue standard variable overhead rate is geater than the actual variable overhead rate.
Characteristics of a project team are team meetings happen virtually or face to face.
<h3>Project team: What does that mean?</h3>
A project team or team is described as "an interdependent collection of individuals who work together towards a similar goal and who share responsibility for specific results of their organizations" in a project.
The five jobs that make up a project team—project manager, project team member, project sponsor, executive sponsor, and business analyst—are explained here, along with an explanation of each one's duties. Depending on the situation, a small business might have just one staff that works on many tasks. The group, for instance, might be working on a new product the following day after spending the previous day at a trade fair gathering sales leads.
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