Answer:
do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
Explanation:
Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.
Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
Answer:
Variable overhead efficiency variance $1,680 Favorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
5000 units should have taken (5000×0.5 hours) 2,500
but did take <u>2,080</u>
Labour hours variance 420 favorable
Standard variable overhead rate <u>×$ 4.00</u> per hour
Variable overhead efficiency variance <u>$1,680 Favorable</u>
Answer:
I prepared an excel spreadsheet because there is not enough space here.
C) total savings = previous materials costs - total cost per year after retrofitting - cost of retrofitting the molding machine = $137,105.10 - $102,168.00 - $22,112 = $12,825.10
Answer:
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
Explanation:
Cost-benefit analysis is defined as a method to estimate all the costs involved and possible profits that can be achieved in a business opportunity.
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
So, at Smith's house, there's always a chance that one of the siblings will drink the cola before the other.
Therefore,
cola can lasts much longer at Jones's house than at Smith's.
Answer: Adverse selection
Explanation: In simple words, adverse selection refers to an insurance problem in which the buyer and seller of the insurance do not have same information. This occurs when the buyer deliberately hide some material facts from the insurance company.
In the given case, The company is charging more from new customers because they have perception that they take their services only when it is highly probable they have to use that.
Hence from the above we can conclude that the correct option is B.
