The shadow price is the same as the dual price in maximization problems
Indicate whether the statement is true or false
TRUE
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The following data relate to direct labor costs for the current period: Standard costs 36,000 hours at $22.50 Actual costs 35,000 hours at $23.00 What is the direct labor time variance?
A) $17,500 unfavorable B) $18,000 unfavorable C) $5,000 favorable D) $22,500 favorable
________ is defined as the sustained display by a manager of hostile verbal and nonverbal behaviors, excluding physical contact.
A. Whistle-blowing B. Trust propensity C. Bias suppression D. Abusive supervision E. Justification
A salesman who uses his car extensively finds that his gasoline bills average $125.32 per month with a standard deviation of $49.51 . The probability that his bill will be less than $50 a month or more than $150 for a single month is:
a. 0.4357. b. 0.1915. c. 0.6272. d. 0.3728. e. 0.6915.
Service quality is defined as the company's perception of how well a service meets or exceeds customer expectations.
Answer the following statement true (T) or false (F)