C. No, because his lowest balance so far this month has been $2989.30
<span>Start with 3202.93 and add 436.37 = 3639.30 </span>
<span>Then take 650 away (3639.30 - 650 = 2989.20) </span>
<span>It says that he must maintain a minimum of 3000 so when the check cleared he went below this amount. (just verified on apex)
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A company pays each of its workers on a per diem basis. If another worker is hired,
variable costs will increase while
fixed cost will remain the same.
<h3>What is the difference between fixed and variable?</h3>
- The amount of product generated determines the fluctuation in variable costs. Raw materials, labor, and commissions are examples of variable expenses. Regardless of the level of production, fixed expenses stay constant. Lease and rental payments, insurance, and interest payments are fixed costs.
- Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of production in some accounting statements.
- Some examples of fixed costs are rent, lease payments, salary, insurance, property taxes, interest fees, depreciation, and possibly certain utilities. For instance, a new business owner would probably start off with fixed costs like rent and managerial wages.
- Property taxes, rent, salary, and the cost of benefits for non-sales and management staff are examples of fixed costs. They are one of the three categories of expenses that most companies face. Costs that are changeable or semi-variable are the others.
A company pays each of its workers on a per diem basis. If another worker is hired,
variable costs will increase while
fixed cost will remain the same.
To learn more about fixed cost, refer to:
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Not argue and listen to one another
Answer: one firm, a unique product, price control, and entry barriers. (C)
Explanation:
A pure monopoly is a form of market structure where there is only one company that is the single source for a product and no close substitutes for the product. Pure monopolies are rare and for a pure monopoly to exist, there must be barriers to entry which prevents competitors.
Monopolistic competition is a form of imperfect competition where there are many producers selling products which are differentiated from one another maybe by quality or branding and therefore are not perfect substitutes. Monopolistic competition has fewer firms, some price control.
1) <span>A supply shock is a sudden increase in the price of an important natural resource, resulting in a leftward shift of the sras curve. Because the change is so sudden it really affects the equilibrium price of the good or service within the economy.
2) S</span><span>tagflation is a combination of inflation and recession. Stagflation typically occurs because of supply shock.
3) S</span><span>tagflation occurs when a supply shock shifts the sras to the left, increasing the price level and decreasing actual GDP. </span>
