Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. An increase in the price of tomatoes will LOWER the total surplus in the market for mustard
Answer:
a. $125 U
Explanation:
The computation of the spending variance is shown below:
= Flexible cost - actual cost
where,
Flexible cost = 2,500 manicures × $0.75 = $1,875
And, the actual cost is $2,000
Now put these values to the above formula
So, the value would equal to
= $1,875 - $2,000
= $125 U
It shows a difference between the actual cost and the flexible cost. Since the flexible cost is less than the actual cost so, it is unfavorable otherwise it would be favorable
Answer:
You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.
Explanation:
The Zeeons will respond to the lower U.S interest rates by decreasing their investment in the USA as the rate of return is low. Thus, this will decrease the supply of zees in the foreign exchange market.
<span>During the recession witnessed in early 2001, many firms laid off their employees and downsized. The reason for the downsizing of employees from these firms in 2001 was the incompetency and poor performance of the employees. It may sound mean but to the company, this is advantageous since they can reduce the costing while at the same time maintain or increase the final goods.</span>
