For David, the variable costs associated with staying open longer hours will include all of the following except rent on the restaurant building.
Option C
<u>Explanation:
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Variable costs are prices that change when a company modifies the quantity of the product or service. The amount of the marginal costs for all generated units is variable costs. You can also take the normal costs into account. The two elements of the total cost represent fixed costs and variable costs.
Rent for rooms that your business has, including office spaces, can include overheads. It can also include your weekly salary. Machinery depreciation is nearly always a fixed cost.
The bulk of work costs, fee on purchases, delivery charges, shipping costs, compensation and wages are other sources of rising costs. Employee performance incentives are also known as variable expenses. In many cases–not always –contingent costs can be reduced without major problems rather than fixed costs.
The answer is C lowering taxes while easing spending
Answer: The answer is benefits of international trade
Explanation:
In the question, no specific question was asked. But I think the question is about the benefits of international trade.
International trade is a trade between one country and the other.it can also be said to be the buying and selling of goods and services across national boundaries. The following are the benefits of international trade
A higher level of material well being : international trade leads to increased standard of living among nations of the world. In the sense that, it increases output and the opportunity to acquire goods that we would otherwise have been unable to produce ourselves, it would lead to increase in national income which will in turn lead to increased in investment which will enhance the welfare of all citizens
Reducing the threat of war: international trade bring about a better understanding among nations of the world. It promotes international friendship and world peace.
Deterring monopoly : international trade helps in preventing monopoly by ensuring that goods comes from other countries of the world.
Promoting competition : international trade helps in promoting competition among nations of the world. In the sense that,countries compete for trade in order to increase their own volume of the world trade as a measure to avoid balance of payment deficit.
Gains from specialization : international trade help countries to specialize in commodities which they can best produced. It leads to increased output and employment throughout the world from which every nation can benefit.
A more efficient allocation of resources : international trade help countries to allocate their resources efficiently. In the sense that, each country will specialize in the production of those commodities in which the country has comparative cost advantage over other countries by directing their resources to those areas of comparative lower cost, world output will be increased.
The Franchiser under the franchise contract allows the franchisee to sell products and services under its business name.
Explanation:
- A franchise can be defined as a type of contractual arrangement or license that a party (Franchisee) acquires which allows the franchisee to have access to the proprietor's knowledge, process, and trademarks.
- whenever a business house intends to expand its geographical reach by incurring less expense it creates a franchise for its product and services