Abear market is distinguished by a. a declining stock market and increasing investor confidence be) a declining stock market and decreasing investor confidence c. an increasing stock market and increasing investor confidence d. an increasing stock market and decreasing investor confidence e. an increasing stock market and no investor confidence

b) a declining stock market and decreasing investor confidence

Explanation:

A bear market is defined as the decreasing of at least 20% or more in an investment compared to the 52 week high. It can be regonized when major indices continue to go lower over time and it usually lasts a year . This kind of market can be caused by the loss of investors and consumer confidence that leads to less demand triggered by a stock market crash.

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lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o