Answer:
The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.
Explanation:
Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the <em>401(k), Individual Retirement Account (IRA), </em>and <em>Roth IRA</em> each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "<em>defined benefits</em>" plans.
Answer:
B) As volume increases variable cost per unit increases.
Explanation:
As the volume of production and output increases, variable costs will also increase because the variable cost of production is a constant amount per unit produced. Alternatively , when fewer products are produced, the variable costs connected with production will as a result decrease
Variable costs example include direct Labour and material costs
So if the company decides to increase its output (production of product) from example 50 units to 100 units, then more materials and direct Labour are needed
Answer:
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Explanation:
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