Answer:
Spending variance $100 unfavorable
Explanation:
The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity
$
Standard cost allowed for the actual activity
=7,850 + (402×203) + (952×112)= 196,080
Actual cost <u>196,180</u>
Spending variance <u> 100</u> unfavorable
Answer:
a. increasing opportunity costs as more and more of one good is produced
Explanation:
A production possibility frontier is a curve that shows the two combinations of goods an economy can produce given that its resocurces are fully employed.
The production possibility curves is bowed outwards because of increasing opportunity costs as more and more of one good is produced.
If more of one good is to be produced, more of the second good would be given up to increase the production of the first good.
The attached image is the graph of a production possibility frontier. At point A, the maximum amount of good X is produced with zero quantity of good Y. To increase production of good Y and move to point B, some quantities of good X would be given up. To further increase the production of good Y and move to point C, even more quantities of good X would be given up.
I hope my answer helps you
Answer:
Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.
Step-by-step explanation:
We are given that,
Fabiola pays 357 pesos for 40 liters of fuel.
It is required to convert the amount in dollars.
Since, we know that,
1 peso = 0.0759 dollars
So, 357 pesos = 0.0759 × 357 = 27.0963 dollars
Moreover,
1 liter = 0.219969 gallons
So, 40 liters = 0.219969 × 40 = 8.79877 gallons
Thus, we get that,
Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.
<span>Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.</span>
It is referred as market control<span />
