The answer would be distractions, since you are working from home and nothing else would change much.
Answer:
b.$442,407
Explanation:
The computation of the total budget amount is shown below:
Direct labor ($131,000 ÷ 7,100 hours) × 10,700 hours $197,422.54
Direct material ($154,000 ÷ 7,100 hours) × 10,700 hours $232,084
.51
Fixed Factory Overhead $12,900
Total Budget $442,407.05
We simply added the direct labor, direct material and fixed factory overhead cost so that the total budget amount could come
Plus, we applied the unitary method for calculation part
Answer:
A. True
Explanation:
Gas and electricity are called necessity goods. They are deemed too important to do without. They are essential to life. These categories of goods are insensitive to changes in income level.
Two primary characteristics that define perfectly competitive markets that necessity goods deviate from are:
· Demand is elastic. In perfect competition demand is inelastic i.e. Increase in price will lead to a significant change in quantity demanded. This is not so in necessity goods because these goods are essential to life. So increase in price of these categories of goods or decrease in income level of households will not have effect on the consumption of the goods.
· Bargaining Power of Supplier is high. In perfect competition, bargaining power of supplier is low i.e. suppliers have little power in influencing the price of goods but for necessity goods, reverse is the case. The bargaining power of suppliers is a little bit higher. Suppliers can influence price while consumers adjust.
<span>If Larry sues the original hotel for damages and wins, that hotel will be obliged to cover for any extra costs Larry had because they did not provide him a room he booked plus any costs incurred during the court proceeding.</span>
Answer:
B
Explanation:
Predatory pricing is when a company sets the price of its goods or services too low with the aim of eliminating the competition. Predatory pricing is illegal and it violates antitrust law.
Predatory pricing occurs when a firm colludes with one or more firms to fix prices or output. This is an example of collusion and they usually occur in an oligopoly