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seraphim [82]
3 years ago
15

Your phone service provider offers a plan that is classified as a mixed cost. The cost per month is $50 flat rate for the first

1,000 minutes plus $0.35 for each minute exceeding 1,000 minutes. If you use 1,200 minutes this month, your cost will be
Business
1 answer:
fomenos3 years ago
4 0

Answer:

$120

Explanation:

The computation of the cost is shown below:

= Cost per month flat for 1,000 units + extra cost if exceeded 1,000 minutes

where,

Cost per month flat for 1,000 units = $50

And, the extra cost is

= $0.35 × 200 minutes

= $70

So, the total cost is

= $50 + $70

= $120

The 200 minutes is come from

= 1,200 minutes - 1,000 minutes

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Required information Skip to question [The following information applies to the questions displayed below.]
Dimas [21]

Answer:

($148 million)

Explanation:

Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021

Cash flow from Investing activities ($ Million)

Proceeds from sale of land 12

Purchase of Investment (160)

Net cash inflows (outflows) from Investing activities ($148)

Therefore Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 will be ($148 million)

8 0
3 years ago
The payments a business makes for investing in capital expenses are known as Question 3 options: A) profits B) interest C) wages
rewona [7]
The answer for this question is A.
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a_sh-v [17]

Answer:

Option B 36 months

Explanation:

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3 years ago
Choosing firm goals for your business
Gala2k [10]

D. Eliminates other options is correct. Just took the test.


8 0
4 years ago
Read 2 more answers
The classical model assumes that wages and prices A. are flexible in the long run but not in the short run. B. are always comple
PtichkaEL [24]

Answer:B. are always completely flexible

Explanation:The classical theory proposes that all markets reequilibrate because of adjustments in prices and wages which are flexible. For instance, if an excess in the labor force or products exist, the wage or price of these will adjust to absorb the excess. If prices and wages are flexible, markets reequilibrate.

Wages are said to be flexible when they respond to changes in supply and demand and lead to the market clearing wage being set. It implies that the wage will be set by the Marginal Revenue Product of labour and marginal cost of labour. Any change in supply and demand for labour will lead to a change in the wage rate.

The importance of wage flexibility arises from the fact that, in most macroeconomic models, we find an inverse relationship between wages and employment.

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3 years ago
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