C. Line
Because the stock prices rise and fall and a line graph best depicts the fluctuation of said prices
Answer:
The variance is 4,000 - 4,200 = -200 (favourable variance).
Explanation:
To know the production variance in this exercise, we first need to know the total standard cost, then calculate the difference between the actual cost and the standard one.
Total standard cost = production volume x hour used per one unit produced x overhead cost per hour = 1,000 x 3 x 1.4 = 4,200
So, the variance is 4,000 - 4,200 = -200 (favourable variance).
Answer:
(a) BJ = AJ
In equilibrium, apples and bananas have the same price.
Jimmy’s consumption bundle must be 3 apples and 3 bananas
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Explanation:
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Managers, this is symbolic of how business is run in U.S. culture.
Answer:
a. The true cost of something in its cost of opportunity
Explanation:
Opportunity cost is the cost which is defined as the cost or expense of one item which is lost in order to get the opportunity to do or to consume something else. In simple words, it is the value or the cost of the next best available alternative.
So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.
