How much the money you have !!!
Answer:
B) costs that change with the level of production.
Explanation:
Variable costs are costs that change according to the total production output.
The two main cost components in the production process are fixed costs, which remain to be paid even if the firm shuts down temporarily, and variable costs, which are subject to change according to the level of production.
Therefore, the answer is alternative B)
Answer:
OPPORTUNITY cost of Ted=2/4=0.5 car wash
OPPORTUNITY cost of Tom=1/3=0.33 car wash.
OPPORTUNITY cost is amount of other good given to produce more of one good.
Ted has absolute advantage.
Tom has comparative advantage.
Explanation:
See attached picture.
Answer with its Explanation:
Transaction 1: The purchase of equipment is increase in the fixed assets and as the amount paid is in cash, the decrease in cash asset will also be with the same amount. This means the net effect on assets will be zero.
Accounting Equation is given as under:
Fixed Assets + Current Asset = Equity + Liability
Equipment 318,770 - Cash $318,770 = Zero Net Effect
Transaction 2: The increase in the equity will increase the current asset as well here, which means:
Fixed Assets + Current Asset = Equity + Liability
Current Assets + $139,050 = Issued common stock + $139,050
Transaction 3: The purchase of inventory on account means that the current asset would be increased and the payables will increase with the same amount. The effect on the accounting equation is given as under:
Fixed Assets + Current Asset = Equity + Liability
Current Asset + $70,94 = Current liabilities + $70,940
Answer:
C.social needs.
Explanation:
Maslow's hierarchy of needs is a motivational theory that goes through five forms of needs set out below:
1. Physiological needs: These are the survival needs i.e. food, clothing, house, air
2. Security needs: This need covers human, financial, etc. protection and security
3. Social needs: These needs represent an person being or not involved in social groups. It makes the person not feel alone, lonely, etc.
4. Awareness needs: Awareness needs are the recognition he or she receives
5. Self-actualization needs: As the name suggests, it is self-actualizing in order to let the person know about his or her abilities.
So according to the given options, the most appropriate option is C. as it shows the social needs i.e loneliness, alone, etc
