Tip Top Corp. produces a product that requires 14 standard gallons per unit. The standard price is $3.5 per gallon. If 6,100 units required 88,800 gallons, which were purchased at $3.32 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.

Adisadvantage of corporations is that shareholders have to pay on profits.