Answer:
$42.2
Explanation:
The base rate is $25
The first 50 visits cost $.30 per visit. The total for the first 50 visits will be:
50 X $.30
= 50 x 0.30 =$15
After the first 50 visits, the customer pays $.10 per visit. The no. of visits after 50 will be 72- 50.
Costs after 50 visit will be 22 X .10
=22 x .10= $2.2
The total amount the customer will pay is $25 + $15 + $2.2
=$42.2
Answer:
The correct answer is option C.
Explanation:
The fixed costs are the cost that does not vary with the level of output. It does not vary with the level of activity. The total fixed cost remains constant in the entire production process.
The fixed cost per unit is the ratio of total fixed cost and level of output. It decreases as the output level increases and rises with a decline in activity.
The variable cost is the cost that is incurred on the variable inputs used in the production process. It directly varies with the volume of activity. The total variable cost will increase with the increase of output as more variable inputs are employed.
The variable cost per unit is the cost incurred on each unit of output. It does not change with the level of activity unless there is a change in input prices.
<u>Answer:</u>
The given statement is TRUE
<u>Explanation:</u>
It has always been seen that a worker always prefer to work in an organization in which he gets highly paid whereas if it is seen from the company point of view, then the company always prefers to hire such an employee whose cost is compartively lesser. In order to lower the expense or the cost, multinational companies always prefers to give or allocate thier work to other countries where the labor cost is low.
The opportunity cost is what you would have purchased with the money you will spend on the concert and what you would have spent your time doing if you did not go to the concert.
How does opportunity cost affect decision making ?
When we take decisions about how to spend our limited resources, such as money or time, we are giving up the opportunity to spend money or time on something else. All individuals, businesses, and large groups of people make decisions that involve trade-offs.
What is the importance of opportunity cost in decision-making?
The concept of opportunity cost is helps in decision-making to individuals and organizations takes better alternatives , primarily by assuming the alternatives. Opportunity costs incorporate the cost and benefit of each choice,that aims at times be challenging to calculate.
Learn more about opportunity cost:
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Answer:
A. Long-term debt and times interest earned
Explanation:
A Mortgage lender is an individual or an organization that loans money and take security interest in real property. The loan or money gotten from mortgage lenders are mainly used in purchasing real estate or for any purpose, while putting a lien on the property being mortgaged. Mortgage lenders most interest is in long term debts and times interest earned by long term mortgage rate is usually higher than short term and also secured the borrowers their payments and interest rates for a good period of time.
