Answer:
c. might increase or decrease
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied in a competitive market.
Producer surplus is the excess of revenue realized from the sales of the equilibrium quantity at a price higher than the equilibrium price.
The producer surplus may increase or decrease. It may increase if the quantity demanded, do not decrease. It may decrease if the quantity demanded, decreases.
Answer: Utilitarian
Explanation:
From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people
This is referred to as utilitarianism.
Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.
Answer:
$8,331 Favorable
Explanation:
The computation of activity variance for plane operating costs is shown below:-
For computing the activity variance for plane operating costs we need to find first the expected cost which is shown below:-
Expected cost = $36,240 + ($2,058 × 84) + (1 × 239)
= $36,240 + $172,872 + 239
= $209,351
Activity variance for plane operating costs in October = Expected - Actual
= $209,351 - $201,020
= $8,331 Favorable
Quality value price reach consumer goods
