Answer:
b. volume variance.
Explanation:
Volume variance can be defined as the difference between the static budget and the flexible budget.
It mainly occurs as a result of the difference between the actual volume and the budgeted volume derived from the static budget.
Answer:
The answer is: A) self-service
Explanation:
Self service can be defined as the serving of oneself.
This happens when a client serves himself with goods or services offered by a business without the aid of a waiter, clerk, attendant, etc.
Sometimes that same client might even pay for the goods or services by himself usually thorough electronic payment devices (credit cards, phone apps, etc.) , without any human cashier.
8 C, 11 B, 13 D, 14 B, 20 B
If the market had one supplier that was a monopoly then there would be only one firm operating in the market, with no competition.
In a market, a monopolist tends to charge a price higher and produces fewer units than a competitive market structure. Because of such higher monopoly price, the area of consumer surplus tends to decrease.
The market power of a monopoly affects both consumer and producer surplus as a firm is able to earn positive economic profits, and as it is a monopoly, other firms are unable to enter their market and cannot lead to competition.
Hence, a firm is a monopoly if it can ignore other firms prices.
To learn more about monopoly here:
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The answer is D. Please don't discriminate if I'm wrong.
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