Answer:
$20,000 Favorable
Explanation:
As for the provided information, we have:
Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.
Formula for the above = (Actual Sales - Budgeted Sales) Standard Price
= (5,500 - 5,000) $40
= $20,000
This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.
Therefore, Sales Volume Variance = $20,000 Favorable
Both Monopoly and Oligopoly have large market shares. Unlike monopoly where only one business holds 100% of the market, oligopoly is composed of a few businesses that have market shares. Each movement or decision made by any companies in an oligopoly will greatly affect the market.
Monopoly = 100% market share, has a say on supply and price of goods or services offered.
Oligopoly = 2 or 3 companies share the market. Each have at least 33% of the market. Any change made by one business will affect the other remaining businesses.
Unemployed means Unemployed so i'd go with the first option. But i'm not sure so i'd wait for another answer
Answer:
if allowed by members through a resolution in general meeting, the directors can take following action(s) without the approval of members.
Purchasing substantially all of the assets of another corporation.
Explanation: