Answer:
$3,750
Explanation:
The truck was only used for 3 months of the year. Therefore, the 3 months of depreciation equals:
$3,750 = ($30,000 x 2/4 x 3/12)
Answer:
Broiler chickens are larger than and grow faster than chicken for table egg production. False
Explanation:
Answer:
a. 0.60.
Explanation:
Marginal Propensity to Consume is a metric which enables to measure the increase in consumer spending when there is increase in consumer disposable income. The proportion of disposable income with increase in spending is known as marginal propensity to consume.
The correct answer is 0.60. This is calculated by dividing consumption by the spending.
Marginal propensity to consume = $900 / $1,500
Marginal propensity to consume = 0.60.
Answer:
B)do not vary based on how many customers the company serves
Explanation:
Fixed costs are defined as expenses that do not change as a function of the activity of a business, within the relevant period. For example, a retailer must pay rent and utility bills irrespective of sales. Some examples of fixed costs include rent, insurance premiums, or loan payments. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities.