Requirement 7. analyze each variance and speculate as to what may have caused that variance. the ▼ favorable unfavorable dm price variance and ▼ favorable unfavorable dm quantity variance may have been caused by ▼ purchasing inferior raw materials purchasing superior quality raw materials . the ▼ cheaper materials that are of a lesser quality more expensive materials that are of a higher quality cause ▼ less more waste.

answer: e

explanation:

answer; experimentation;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

the correct choice is a