The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are standard costs direct materials (per completed unit) 1,040 kilograms @$8.65 actual costs direct materials 2,300 kilograms @ $8.05 round your final answer to the nearest dollar. the amount of direct materials price variance is

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.