Answer:
(A) Technical skills
Explanation:
Technical skills are the abilities and knowledge needed to perform specific practical tasks that are often related to mechanical, information technology, mathematical, or scientific tasks.
The statement that describes the expected outcome is: c. Supply of the shoes will increase, and market price will decrease.
<h3>What is supply?</h3>
Supply can be defined as the amount of goods or product produce that is available for buyers to buy or purchase.
If the cost of production is lower ,this will lead to increase in production as companies will be able to buy more materials and the outcome of this is that the market price of goods or product will reduce because the cost to manufactures has reduced.
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Answer:
Budgeted fixed overhead= $787,000
Explanation:
Budget variance = Actual overhead-budgeted overhead
-41000 = 828000-X
X = 787000
So answer is $787000
The answer to this question is C, $5,790. Jeff will need $5,790.
Answer:
4000
Explanation:
Calculation to determine how many units of foreign currency does the same basket of goods cost in that country
Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country
Using this formula
Units of foreign currency=Basket of goods price*Some country’s currency units
Let plug in the formula
Units of foreign currency=$2,000* 2 units
Units of foreign currency=4,000 units
Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000
The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does