The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 3

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following tools of commercial policy yields a revenue to the government?

• A)Quota
• B)Tariff
• C)Export subsidy
• D)Government procurement policy
• E)Health and safety standards

Understand the concept of moral leadership and its significance in an organizational context.

Identify actions that can enhance one's ability to lead ethically.

Understand the principles of International Human Resource Management (IHRM) and its impact on organizational success.

Identify the functions of Human Resource Management (HRM) and how they support organizational strategies.

---

Definitions:

Overhead Controllable Variance

The difference between the actual overhead incurred and the overhead that should have been incurred, based on controllable factors.

Budgeted Overhead

The estimated cost of all indirect production expenses for a specific period as part of the budgeting process.

Standard Hours Allowed

The amount of time that should be spent to produce a certain amount of goods or services, according to predetermined standards.

Overhead Volume Variance

A measure used in cost accounting to determine the difference between the allocated overhead costs and the actual overhead costs incurred.