Answer:
a) true
Explanation:
A rise in the general price level is called inflation and it affects the nominal value of the company's output. E.g. you sell pants and last year they sold at $10 and now since inflation rate is 10%, they sell at $11. But inflation only affects nominal values, it doesn't affect real values which are calculated using a base price of a certain year X, times the quantity sold. Following the example, your real output would not be $11 per pair of pants, instead it would still remain at $10 since the inflation is discounted.
PATENTSPatents are exclusive rights
Answer:
The correct answer is could be over- utilized, but for temporarily
Explanation:
Economy resources are those resources or the factors which are used while producing the goods and the services. It could be divided or classified among human resource like management and labor and the non- human resources like technology, land and capital goods.
So, the economy resources could be over- utilized, but for temporarily through adding the shifts as well as running the equipment for longer but the machines could break down and the labor tires, therefore the over utilization cannot be sustained.
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Answer:
The correct answer is variable expense will also be eliminated of the segment which got eliminated.
Explanation:
The segment in the business which is not profitable anymore, then that segment would be eliminated or removed, which will result in net income will always increase or rise. And the variable costs of that eliminated segment will be absorbed through other segments or will be eliminated.
Though the segment is removed, the fixed costs which is allocated to the segment will be covered still.
So, when the segment is eliminated, then the variable expense of that segment would be eliminated.
