A. The size of the factory is fixed.
We know there will always be costs of rent and etc when running a business so even in the short run there is fixed costs. The output is always variable depending on the number of workers. The number of workers is also not fixed, but the size of the factory is because you cant just get up and move your business over night, it costs money and is a lot of work.
Answer:
The correct answer is letter "C": capable of offering the give-and-take of in-person conversations.
Explanation:
While talking about channels of communication, phone calls are useful to imitate the closest possible to face-to-face communication, with its limitations. The transmission of information is done in real-time and the participants can provide their points of view just as if they were talking in person.
Though, expressions cannot be captured. Many people over the phone can pretend to have a mood modulating their tone of voice even if their feelings are opposite.
Spending variance is 300 Unfavourable.
SR = 7500 / 500 = 15
AR = 9300 / 600 = 15.5
Spending variance = (SR - AR ) AH
= (15 - 15.5 ) 600
= 300 Unfavourable.
Spending variance, also known as rate variance, is the difference between the actual amount of an expense and the budgeted amount. If you have a utility bill of $250 in January and you expect to incur an expense of $150, you have an unfavorable expense variance of $100.
Spending variance is the difference between the actual amount of an expense and the expected (or budgeted) amount. So if a company has spent $500 on utilities in January and plans to spend $400, the result is a $100 unwanted spending difference.
There are many variations in calculating the spending variance for different types of expenses, but the basic formula for this calculation is:
1) Actual Cost - Expected Cost = Expense Variance.
2) (Actual Variable Burden Rate - Projected Variable Burden Rate) x Work Hours = Variable Burden Cost Variance.
Learn more about Spending variance here: brainly.com/question/26082424
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Answer and Explanation:
The computation is shown below;
Given that
Price = P = $90
And, the Marginal cost = MC = $18
a.
Now the markup would be
= (P - MC) ÷ P
= ($90 - $18) ÷ $90
= $72 ÷ $90
= 0.80
= 80%
Now the monopoly markup is
b.
As we know that
Monopoly, markup = 1 ÷ elasticity of demand(e)
e = 1 ÷ markup
= 1 ÷ 0.8
= 1.25
The absolute value of e would always be negative so e = -1.25
Therefore
The firm s price elasticity of demand is -1.25
Answer:
Kate is most likely to Provide a fast response to the customer using customer care software.
Explanation:
Customer Service Executives job is to handle phone, internet etc, interactions with customers. They manage client claims, complaints and process customer orders.
She received a complaint from Mike(who is a customer) about an unnecessary deduction of $10 from his phone credit. If Kate is going to follow her job protocol, she need to provide fast, accurate and precise response to Mike(the customer) using the company customer care software.
Using the software and her knowledge of customer service she should be able to offer a professional approach in answering mike and provide information about the deduction.
