Answer:
This question is incomplete, the options are missing. The options are the following:
a) He should consult lawyers about the possibility of suing for copyright infringement.
b) If the industry barriers to entry are low, he doesn't need to do anything.
c) He needs to find out if his company as well as other companies can provide the complements.
d) If the industry barriers to entry are high, he doesn't need to do anything.
And the correct answer is the option C
Explanation:
To begin with, the fact that Steve is the manager in charge of the product design and development at a toy company indicates that he has to be very open minded when new complementors arrive to the market so that he and his team could use their imagination to have an storm idea and try to implement them as good as they can so a perfect new toy will be produced in his company. Therefore that at first sight he should look up the fact that if they could use and provide those complements so that a plan to do that will start taking form in the team, otherwise if they could not provide those complementors then the joy for those arrivals will be for nothing.
Answer:
D : 2.17%.
Explanation:
The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.
Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;
Monthly rate = APR / n
APR = 26% or 0.26 as a decimal
n = compounding periods = 12
therefore, Monthly rate = 26% /12 = 2.17%
Answer is A
Explanation: Consumer surplus actually happens when a customer is willing and ready to pay for a particular product than its current market price. It is a measure of the additional benefits a consumer gets after paying for a product even though they are willing to pay more.
For example: Let's assume you want to get a IPhone 8 plus and you value it at $800 dollars, which you are ready to pay, but realise it is sold at $700. When you buy it at $700, the customer surplus is $100, that is a difference between how much you were willing to pay and the price you eventually got it.
Consumer Surplus changes as the equilibrium price of a good rises or falls. If the price of a good rises, the consumer surplus decreases but when the price of the good falls, the consumer surplus increases.
The Direct Materials standard cost is $13.20
The Direct Labor standard cost is $12.00
The Variable Manufacturing Overhead standard cost is $5.00
The Fixed manufacturing overhead standard cost is $11.80
Standard cost per unit- $ 42.00
The solution is in tabular form which is attached with this answer.
What is Variance
Variance is the process of evaluating the financial performance of your mission. fee variance compares your budget that was set before the project started and what was spent. this is calculated by using finding the difference among BCWP (Budgeted cost of work performed) and ACWP (actual cost of work performed.
Learn more about variance brainly.com/question/14116780
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