If the Demand Curve for Computer Games Shifts to the Left,then

question 232

Multiple Choice

If the demand curve for computer games shifts to the left,then the value of the marginal product of labor for computer game authors will

• A) rise.
• B) fall.
• C) remain unchanged.
• D) rise or fall; either is possible.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead allocated, based on activity level.

Lubricants

Substances applied to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move.

Variable Manufacturing Overhead

Costs that vary with the level of production output and include expenses such as indirect materials, supplies, and utilities used in manufacturing.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on efficient operations.