It is true that a society accepts minimum wage laws as a method of determining wages because the law is made to determine the wages.
The market value of a good has a direct relationship with the wages; hence it is true that the market value of a good determines wages.
The quality of a good has no direct relationship with the amount of wages hence it does not determines the wages.
Employee productivity also has a direct relation with the quality of the work and hence it also determines the wages.
It is true according to the law that the price floor determines the minimum wage.
Hence the only False statement is:
The quality of a good determines wages.
HubSpot researched open times to find late morning tends to get the most opens. Send emails at 11 a.m. for the best results. Data from MailerMailer also suggests that sending emails in the late morning during work hours gets the best percentage of opens.
Answer:
1. B
2. E
Explanation:
1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.
2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.
The selection of battery sizing that results in the best financial performances must be supported by revenue estimation for combined renewable energy and energy storage systems.
Mixed-integer linear programming is a common strategy for maximizing the profits of a hybrid hydro and energy storage system (MILP). While MILP models are frequently quite computationally expensive, they can offer precise production cost estimates. We suggest a novel method for forecasting the optimal revenues of an integrated energy generating and storage system in order to offer hydropower plant owners or operators with quick yet accurate first-step information when they consider integrating energy storage systems.
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Answer:
C. Raw material inventory Dr, $ 72,000
To Direct material cost variance $27,600
To Accounts payable $44,400
Explanation:
The Journal entry is shown below:-
The variation in material costs would be favorable in a given situation. Since standard costs higher than real costs. And the journal submission would be for a desirable variance:
Raw material inventory Dr, $72,000
(12,000 × $6)
To Direct material cost variance $27,600
To Accounts payable $44,400
(Being Raw material inventory is recorded)
