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2.65 x is written in scientific notation for 26.5 billion
Answer:
C. Step variable cost
Explanation:
Fixed costs are those costs which are incurred anyways irrespective of the level of operation of a business or the volume of activity. For example rent of factory is a fixed cost which has to be incurred regardless of the production level.
Variable costs are those costs which vary with the level of production. e.g labor cost.
In this case, a T- shirt is given to every 100th customer. This kind of cost is step cost at the level of 100th customer. The number of T-shirts in a day would depend upon the no of patrons arriving each day i.e variable.
Thus, this is the case of a step variable cost which is incurred at discrete point i.e every 100th customer.
Answer:
c. $50,000
Explanation:
The investing activities of cash flow deals with the actual cash received/paid by the entity/corporation from the investing activities. Since in the given question, the actual cash received by the entity from the sale of lands amounts to $50,000, therefore the $50,000 shall be included in the investing activity section of the Cash flows from the sale of land and accordingly the answer shall be c. $50,000
Answer: APC before the increase in disposable income is 0.75.
Explanation:
Given that,
Disposable income = $200 billion
Consumption = $150 billion
Saving = $50 billion
Also given that,
Disposable income increases by $20 billion
consumption rises by $14 billion
Saving goes up by $6 billion
Average propensity to consume is calculated by dividing consumption by income level of an individual.
= 0.75
Therefore, APC before the increase in disposable income is 0.75.