He will not be able to buy expensive things. Hope it helps :)
Answer:
$2,745
Explanation:
Given that,
Direct labor hours used:
Assembly Department = 9
Sanding Department = 6
Machine hours used:
Assembly Department = 9
Sanding Department = 7
Cost for direct labor = $35 per direct labor hour
cost of the direct materials used = $1,500
Total cost of Job 600:
= Direct labor + Direct material + Assembly department overhead + Standard department overhead
= [(9 + 6) DLH × $35] + $1,500 + ($60 × 9) + ($30 × 6)
= $525 + $1,500 + $540 + $180
= $2,745
Answer:
D. only A and B of the above are true.
- A. the market is inefficient.
- B. an unexploited profit opportunity exists.
Explanation:
In simple words, this question is asking why the optimal return or best possible return of an investment is actually higher than the real market return. Generally this can be explained by opportunity costs and profits, or maybe even market inefficiencies caused by external factors (e.g. taxes).
In economics, efficient companies operating in competitive markets will always have 0 economic profit in the long run, that means that the company has maximized its accounting profits and there is no other alternative investment that can provide the same returns.
The same concept applies here, when you maximize your potential returns, it means that there is no other security or investment should yield the same returns. If your returns are actually, it only means that you are missing an opportunity profit (by investing in some other security) or some type of market inefficiency or external factor has decreased the actual return of your investment.
Answer:
b. promote economic growth
Explanation:
Economic growth refers to a rise in a nation's per capita income which is accomplished by a rise in the national output and increase in the Gross Domestic Product (GDP).
Economic development on the other hand is accomplished when a nation's GDP rise is accompanied by a rise in the standard of living of it's people.
A rise in the standard of living of the people is directly related with rise in the per capita income since, per capita income is a measure depicting average income earned by a person in a region.
Thus, in order to raise the standard of living of it's people, a nation should promote economic growth.
The opening or introduction of your presentation is the ideal time to introduce the hypothesis. The tentative solutions are important about the presentation.
<h3 /><h3>What is a hypothesis?</h3>
A hypothesis is a theory that is put up as a potential explanation for a certain circumstance or condition but has not yet been shown to be true. Scientists can design a straightforward laboratory experiment to verify this theory.
In the context of science, a hypothesis is an assertion based on current knowledge that is appropriate for describing a particular phenomenon but whose validity has not been established or has not been independently tested.
Typically, the researcher's hypothesis is referred to as the alternative hypothesis, and any other result is referred to as the null hypothesis, or, more simply put, the opposite result from what was predicted.
Learn more about hypothesis, here
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