Analyst Questions

A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.

Cost variance is nothing but the difference between the actual incurred cost and the estimated standard cost. This can be occured due to any changes in the volume of goods or services ordered. 

A favorable cost variance occurs when the actual incurred cost is less than the standard cost estimated before the production.

The most number of countries are in the continent Africa. Eventhough, Asia is the biggest continent in its size, Africa is the continent with 54 countries whereas Asia have 48 countries.

The main square of cuzco is called Plaza de Armas. Cuzco was the capital of the Inca Empire.

In a plant, photosynthesis generally occurs in the leaves part as leaves have chlorophyll which is used for making food using sunlight.

Jallianwala Bagh Massacre took place on 13th April 1919. About 380 people were died and 1200 were wounded in the massacre.

APM is abbreviated as Advanced Power Management, which was developed by Microsoft and Intel as an API. This API is mainly utilised for power management, and is very useful especially to those using Windows on their laptops or desktops.