No Variable costs occurs in the short run.
The average fixed cost of the production remains same till the output is produced and as the output increases or becomes to rise slowly.
It cannot alter the variable costs but can manage the total cost and variable cost by managing the marginal cost rest remaining the same.
The total expenses consist of the variable and marginal cost and fixed costs which are both short term and long term investments.
It cannot alter any other cost except these cost because they are attached with cost of production.
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<span>After 4 years of college, it would be better to not go to college. Since his high school job was paying $25,000 a year ($100,000 in four years), and going to college cost $20,500 ($82,000 in four years), after those four years he would still have over $18,000 to spend at his leisure, or $4,500 every year. This leftover money can be used to find a place for rent for at least $375.</span>
Congress gave and lay the order to collect taxes
Answer:
$24.8 per hour.
Explanation:
Emma can only work for 25 hours in a week.
Total she needs to make =$620.
So, each hour she has to make sales worth =620/25 =$24.8
