The demand for silver decreases, other things equal, when the gold market is suddenly expected to boom.
This is the logical consequence of the fact that silver and gold are used as investment commodities to preserve the value of your assets. If market predicts a quick increase in the prices of gold, the market will sell its assets in silver to purchase assets in gold to make a greater profit.
Answer:
$114 Favorable
Explanation:
For computation of activity variance for personnel expenses first we will find out the planning budget and flexible budget which is shown below:-
Planning Budget = Fixed element of personnel expenses + (Budgeted Client visit × Variable element per client visit of personnel expenses)
= $30,500 + (3,800 × $11.40)
= $30,500 + $43,320
= $73,820
Flexible Budget = Fixed element of personnel expenses + (Actual Client visit × Variable element per client visit of personnel expenses)
= $30,500 + (3,790 × $11.40)
= $30,500 + $43,206
= $73,706
Activity variance = Planning Budget - Flexible Budget
= $73,820 - $73,706
= $114 Favorable
Answer:
Carrier network infrastructure problems generally involve complications with the network system of telecommunications services used to transmit data over a distance.
Explanation:
APEX Verified
Answer:
flexibility of wages and prices over time
Explanation:
The neoclassical view posits that long-term expansion of potential Gross Domestic Products (GDP) due to economic growth will determine the size of a country's economy but the economy cannot sustain production above its potential Gross Domestic Products (GDP) in the long run.
A distinguishing characteristic of the neoclassical view is flexibility of wages and prices over time.