The firm that would suffer the greatest decline in profits if sales volume declines by 15% is Mason Company.
The cost of a company is made up of fixed cost and variable cost. Fixed cost is the cost that does not vary with output of the company. It remains fixed no matter the level of output. An example of fixed cost is rent. Variable cost is the cost that varies with output. If output increases, variable cost increases and if output falls, output decreases.
If sales volume decreases, the output of Mason Company would decline more compared with the output of Kelley company because it has a higher fixed cost. So, we when sales reduces, its cost would would not reduce as many as the cost of Kelley company.
To learn more, please check: brainly.com/question/13059508
Answer:
a. Open market sale of $30 billion
b. Open market purchase of $15 billion
Explanation:
Answer:
D. A price that fits comfortably in your budget
Answer:
False
Explanation:
Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations
Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration
Answer: For duty-free or zero tariffs on as wide a range of products as possible.
Explanation: The best trade deals aim for duty-free or zero tariffs on as wide a range of products as possible. Better trade deals also include more than just goods. They extend pledges and commitments to include trade in services and investment.
