Answer:
a letter issued by a bank to another bank to serve as a guarantee for payments made to a specified person under specified conditions.
Explanation:
Answer:
Variable cost per unit= $2.27 per machine hour
Explanation:
Giving the following information:
January 3,041 $4,032
February 3,456 $4,608
March 4,147 $6,912
April 5,184 $9,101
May 3,686 $5,760
June 5,322 $9,216
To calculate the unitary variable cost, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (9,216 - 4,032) / (5,322 - 3,041)
Variable cost per unit= $2.27 per machine hour
NASTY AND ALSO THE GUY THE ANSWERED IS NOW BANNED HAHAHA
Answer:
The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%
Explanation:
First we have to determine the real GDP using the GDP deflator.
GDP deflator = (nominal GDP / real GDP) x 100
For year 2000:
24 = ($672 billion / real GDP ) x 100
2,400 = $672 billion / real GDP
real GDP = $0.28 billion
For year 2010:
51 = ($1,690 billion / real GDP ) x 100
5,100 = $1,690 billion / real GDP
real GDP = $0.331 billion
To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:
($0.331 billion / $0.28 billion) -1 = 0.1834 x 100% = 18.34%
When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.
<h3>What is the significance of switching costs?</h3>
The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.
Therefore, the option B holds true and states regarding the significance of the switching costs.
Learn more about switching costs here:
brainly.com/question/14728758
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
A. Acquisition costs
B. Switching costs
C. Alternative costs
D. Replacement costs
