Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
It would be d bc it not everyone does all of the things they are saying
Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
Answer:
Standard deviation = 47.69% (Approx)
Explanation:
Given:
Portfolio of Apple stock w1 = 25% = 0.25
Portfolio of Tesla stock w2 = 75% = 0.75
Standard deviation return Apple σ1 = 35% = 0.35
Standard deviation return Tesla σ2 = 60% = 0.60
Correlation coefficient ρ12 = 0.22
Find:
Standard deviation
Computation:
Standard deviation = √w1²σ1² + w2²σ2² + 2w1σ1w2σ2ρ12
Standard deviation = 0.4769
Standard deviation = 47.69% (Approx)
impossible
Explanation:
because the girls are over populated
