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Ad libitum [116K]
3 years ago
13

To determine ____ costs, managers look for costs that in total do not vary with changes in output, whereas ____ costs are those

costs that changes with the level of output.
Business
1 answer:
KIM [24]3 years ago
3 0

Answer:

Fixed costs and Variable costs

Explanation:

Fixed costs do not vary with production levels. Sometimes they are referred  as period cost. In a financial year, fixed cost will be constant figures whether production goes up and down. Examples of fixed costs include rent, salaries, depreciation, and administrative expenses. The depreciation cost of a machine is a constant figure per year throughout its useful life.  It does not change whether the asset is over or underutilized.

Variable costs are expenses that are affected by the production level. They are costs directly associated with the production process. Examples include raw materials and packaging.  As production increases, the cost of raw materials will increase. Variable costs are dependent on production output.

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Pls help for questions no 2, 3, 4, 7, 8, 9, 10
Montano1993 [528]
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5 0
3 years ago
What does the income statement reflect?
ExtremeBDS [4]

Answer: B) Revenues minus expenses over an accounting period.

Explanation:

The Income statement lets the business know how much profit it made from its operations during the year.

It lists the revenue that was earned and then deducts all expenses that were incurred from that revenue including taxes and interest payment and then presents the net income/loss.

The first option refers to the Cashflow statement.

5 0
4 years ago
Which of the following is true concerning economic growth?
givi [52]

The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

<h3>What is Economic growth?</h3>

Economic growth is used when a country performs better than the previous years in terms of it economy.

The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.

Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct

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5 0
2 years ago
R.J. Reynolds markets several brands of cigarettes, including Vantage, Camel, Winston, and Salem. This is an example of which ty
UkoKoshka [18]

Answer:

Individual branding policy                                        

Explanation:

Individual branding often referred to as single product branding, flanker labels or multi branding, is "an advertising technique under which goods are assigned brand names which are newly formed and usually not related to existing franchise names that the business is selling.

Individual branding is by far the most successful when a corporation offers various unrelated goods differing in price and quality and targeting specific areas of the market. It is also helpful when presenting to the industry a recent high-risk commodity to handle hazards to established products if the new model fails.

Thus, from the above we can conclude that the given case depicts individual branding policy.

8 0
3 years ago
Trade between nations can be mutually beneficial if one country has:.
SIZIF [17.4K]

Trade between nations can be mutually beneficial if one country has a comparative advantage.

<h3>What do you mean by a comparative advantage?</h3>

The model of comparative advantage is one of the basic concepts that underlies the theory of international trade and shows that countries tend to specialize in the production and export of those goods that they manufacture at a relatively lower cost than the rest of the world.

Those that are comparatively more efficient than others and that tend to import goods in which they are more inefficient and therefore produce with costs that are comparatively higher than the rest of the world.

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6 0
2 years ago
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