Answer: The statement "(A) the impact of an increase in the unemployment rate on economic production" is NOT studied in microeconomics.
Explanation: Macroeconomics studies the global functioning of the economy as an integrated set, in order to explain the evolution of economic aggregates, instead microeconomics is the discipline that studies the economic behavior of companies, households and individuals and their interaction with markets. Analyze how they make decisions to allocate their limited resources to the different possibilities.
Answer:
$12,900
Explanation:
Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.
It is a current asset in the balance sheet.
Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400
= $12,900
Answer:
Market targeting.
Explanation:
Market targeting refers to the process of evaluating the attractiveness of each market segment and selecting one or more segments to enter.
To discover the overall attractiveness of the segment, there are two factors which are used in this process:
i. Attractiveness of Segment:
This feature helps to determine whether the segment is attractive or not.
ii. Objectives and Resources of Company:
This feature must analyze whether the segment is suitable in the marketing objectives or not.
Answer:
The sample space for this experiment contains 1728 elementary events.
Explanation:
Set of aluminum castings = 12
Control inspector randomly selects castings with replacement = 3
so elementary events = 12 * 12 * 12
Elementary events = 1728
Answer:
a. efficiency variances which indicate the need for corrective action.
Explanation:
Operational control basically relates to the operations of the business, price variance describes the rate at which material is acquired, it has no direct relation with operational control as relates to purchase of equipment.
Further, when talking about the efficiency variance it relates to production hours used in relation to standard hours, which help in maintaining operational control.
Therefore, correct option is:
a. efficiency variances which indicate the need for corrective action.