Consider three imaginary countries. in aire, saving amounts to $4,000 and consumption amounts to $12,000; in bovina, in cartar, saving amounts to $10,000 and consumption amounts to $50,000. the saving rate is saving amounts to $3,000 and consumption amounts to $24,000, and

a. higher in cartar than in bovina, and it is the same in bovina and aire.
b. higher in aire than in bovina, and it is the same in aire and cartar.
c higher in aire than in cartar, and it is higher in cartar than in bovina.
d. higher in cantar than in aire, and it is higher in aire than in bovina.

Suppose there are only three people in the economy: jane, harry, and bob. the individual demand for corn for each of these consumers is given in exhibit 3-1. the total quantity demanded of corn if the market price is $5 is

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.