Answer:
The corect option is C)
In the case study above, the Average daily number of new accounts is the reponse variable while the Interest rate is the explanatory variable.
Explanation:
Response variables are factors which are being observed to see how and whether or not they change. They are usually susceptible to "stimuli" or "stimulus".
Explanatory Variables, on the other hand, are the "stimuli" or "stimulus" in the equation. They are the factors in the equation which may or may not affect the response variable. When plotting graphs the former is situated on the Y-Axis and the latter on the X-Axis.
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The commodity was so priceless that if anyone stole it they would automatically go to jail without any trial and might be sentenced to death.
Answer:
im pretty sure its A. file a claim
Explanation:
Answer:
Instructions are below.
Explanation:
Giving the following information:
5,200 units remained in the finished goods inventory.
direct materials $35
direct labor $16.80
fixed company overhead $5.60
variable factory overhead $4.90
<u>The difference between the variable costing method and the absorption costing is that the last one includes the fixed overhead as a product cost.</u>
A) Absorption costing:
Unit product cost= 35 + 16.8 + 5.6 + 4.9= $62.3
Ending inventory= 62.3*5,200= $323,960
B) Variable costing:
Unit product cost= 35 + 16.8 + 4.9= $56.7
Ending inventory= 56.7*5,200= $294,840
Answer:
B. it is a benchmark-a market with the maximum possible competition—that economists use to evaluate actual markets that are not perfectly competitive.
Explanation:
In a perfect market information is equally available to all players in the market and as such there is no undue advantage by any of the players.
Market forces are therefore controlled by forces of demand and supply. No one entity has the power to control the market.
This is a theoretical situation as all market in real life are imperfect.
However economists prefer to use the perfect market because it is used as a benchmark of what a market should be with perfect competition.
Real markets are compared to the perfect market to see how effective they are.