Answer:
there is not enough room here, so I used an excel spreadsheet.
Explanation:
Answer:
None of the choice is correct; The correct answer is $459,000
Explanation:
The company is just breaking even at current volume of 51,000 books sold per year, then its revenue = total cost
↔ unit sold * selling price = fixed cost + unit sold * variable cost
↔ 51,000 * $22 = fixed cost + 51,000 * $13
↔ Fixed cost = $1,122,000 - $663,000
↔ Fixed cost = $459,000
Answer:
The correct answer is letter "D": Total variable costs decrease as the volume increases.
Explanation:
Total fixed costs are those that do not vary when the volume of production changes. However, unitary fixed costs change with fluctuations in production. As production increases, unitary fixed costs decrease and if production decreases unitary fixed costs increase.
Also, unitary variable costs remain the same in front of changes in output but total variable costs change directly proportional to variations in production.<em> It means if the volume in production increase so will total variable costs and vice versa.</em>
Answer:
d. the U.S. price level and real GDP to rise.
Explanation:
Economic expansion refer to the expansion that has rise in the economic activity and goods availability. In this period, the real GDP is also increased
So as per the given situation since there is an economic expansion in Europe and the China so here the level price of the united states and read GDP would rised
therefore the option d is correct