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ivanzaharov [21]
3 years ago
15

Which of the following cost behaviors cannot be accurately represented by a single straight​ line? A. Fixed costs B. Step costs

C. Variable costs D. Mixed costs
Business
2 answers:
sdas [7]3 years ago
3 0

Answer:

B. Step costs

Explanation:

Step cost cannot be represented by a straight single line because it changes the line at different point to reflect the different step at which costs are involved. Fixed cost can be represented by a single horizontal line. variable and mixed cost is also represented by a single diagonal / steep line. So the correct option is B. Step costs.

Semmy [17]3 years ago
3 0

Answer: B. Step costs

Explanation: Step costs cannot be accurately represented by a single straight​ line. This is because of its unusual step-like manner—horizontally over a range, then vertically, then horizontally, and so on. Step costs are expenses that change disproportionately when production levels or activity levels of any firm, increases or decreases—they are constant for a given level of activity, but increase or decrease once a threshold is crossed.

Step costing is very important when a company is about to achieve a new and higher activity level or if activity is falling off and operations must be reduced.

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Price Level Aggregate Demand Aggregate Supply 100 10,000 4,000 200 9,000 5,000 300 8,000 5,000 400 7,000 7,000 500 6,000 8,500 6
vovangra [49]

Answer:

7000

Explanation:

Generally, we can say a system is at equilibrium when the quantity of goods demanded is the same as the quantity of goods supplied. Therefore, for the given economic system, the equilibrium condition is when the aggregate demand (7000) is equivalent to the aggregate supply (7000) when the price level is 400. Thus, the value of the equilibrium output is 7000.

7 0
3 years ago
Answer the question on the assumption that the legal reserve ratio is 20 percent. suppose that the fed sells $500 of government
mel-nik [20]

The sale and purchase of government securities by the Fed would leave reserves unchanged.

<h3>What is the effect of the purchase and sale of government securities?</h3>

The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.

One of the monetary policy tools of the Fed is open market operation. When the Fed sells government securities, it is known as an open market sales which reduce money supply. When the Fed buys government securities, it is known as an open market purchase which increases money supply.

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. Reserve ratio is determined by the Fed.

Change in reserve = (  value of government securities bought / reserve ratio) - (value of government securities sold / reserve ratio)

($500 / 0.2) - (500 / 0.2)  = 0

To learn more about reserve ratio, please check: brainly.com/question/6831267

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7 0
2 years ago
Television is a popular advertising medium among companies selling products and services that are consumed by mass markets becau
Natasha2012 [34]

Answer:

It has the ability to reach large audiences in a relatively cost-efficient manner.

Explanation:

Television is one of the medium used for advertising products by the sellers or the distributors or the suppliers. It is one of the mass media of advertising a product or service covering a large number of people at a particular time.

Since a cost incurred on an advertisement is just once in a few years moreover the same digital advertisement can be shown to a large or mass number of people at the same time thus proving that advertisement through television is cost effective or efficient as well.

4 0
3 years ago
What is the purpose of the owner capital account in the closing process? a.Owner capital is where the period's net income or los
Setler [38]

Answer:

The correct answer is a.Owner capital is where the period's net income or loss is transferred.

Explanation:

The income and expense accounts are canceled and closed at the end of each accounting period, transferring their balances to a summary bridge account entitled "profit and loss", where the balances are summarized. The amounts of the profit and loss account, which reflect the net profit or loss for the period, are transferred to the owner's capital account. These operations are necessary because:

  1. Revenues really increase stockholders' equity, while expenses decrease it.
  2. Through the accounting period these increases and decreases are accumulated in income and expense accounts, not within the owner's capital account.
  3. Closing entries at the end of each accounting period transfer the net effect of these increases and decreases, from the income and expense accounts to the owner's capital account.

In addition, closing entries allow income and expense accounts to start each of the new accounting periods with zero balances. This is also necessary because:

  1. The income statement reflects the income and expenses incurred during an accounting period and is prepared based on the information recorded in the income and expense accounts.
  2. These accounts must begin each new accounting period with a zero balance, if it is desired that the end-of-period balances accurately reflect the income and expenses of said period.
4 0
3 years ago
________ refers to a market-coverage strategy in which a firm decides to ignore market segment differences and go after the whol
Dima020 [189]

Answer:

Mass marketing

Explanation:

Mass marketing can be defined as an approach which is directed towards attracting a large number of the audience. It aims to address the highest number of potential customers while ignoring niche demographic differences. The strategy involved in this type of marketing strategy focuses on a higher number of sales at lower prices so as to get a maximum exposure for the product.

8 0
3 years ago
Read 2 more answers
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