Total materials variances = 1,221
Unfavorable price variance = 2,673
Unfavorable quantity variance = 1,452
Favorable total materials variance = 2,673
Answer:
decisional
Explanation:
She is playing a decisional role in the above scenario since she has to make the necessary arrangements and arguments and select the best possible price for the given scenario.
Answer: in the given hypothetical statement above in order for the market to coordinate the demand and supply for dvds, the price of dvds will have to increase. When the price of dvds increase the supply will increase too, because the suppliers will now have a greater profit margin than before. On the other hand, the demand will decrease because of the higher prices and in this way the demand and supply curves will reach an equilibrium.
Answer:
b. Capital earns interest; entrepreneurship receives a profit or incurs a loss
Explanation:
There are four factors of production.
1. Land- its return is rent. rent refers to the regular payment made to the landlord by tenants for using the land or property.
2. Labor-its return are salaries, wages or and commissions. salaries or wages refers to the regular payments paid to laborers for the services they offer.
3.capital- its return is interest. interest is the amount of money paid to an individual who provides money or capital
4. Entrepreneurship which receives a profit or incurs a loss. profit refers to a financial gain earned by an individual who provide products or services. An individual may incur a financial loss in the process of providing such goods or services
Answer:
The correct option is C,overproduce, external cost
Explanation:
Externalities are benefits or disadvantages caused to third parties from the production of a product or rendering of a service.
Externalities can result from positive or negative production as well as positive or negative consumption.
Negative externality refers to harm not benefit, which stems from overproduction because the higher the level of production or consumption the higher the negative impact.
A typical example is the harmful substance released into the atmosphere from burning fossil fuels which impacts the life of peoplr in a negative way.The external cost in this instance is the cost medicare required to take of affected persons that is not included in the price of the good sold
