Answer:
C. None of these would be considered a fixed cost.
Explanation:
Fixed cost is a cost that do not vary with any level of output. It is a cost that does not change irrespective of an increase or decrease in a company's production output.
Example of fixed cost are interest payment on loan, payment of rent, depreciation and cost of land acquisition. All these costs remain the same no matter how high or low production output is.
As in the case above,
•The cost of rope would form part of the total cost (which is sum of all the cost expended by a company in certain production output) and NOT a fixed cost because the rope is used to prepare the final packaged product.
•The packaging material would also form part of the total cost. The cost expended on this material is what makes it a total cost as it forms part of the final production output.
•Employee wages would be regarded as variable cost(cost that vary with the level of output) because it is a production company, hence employee's wages will be dependent on the number of products they are able to produce.
Answer:
- Users who viewed a website search result page
- Users who viewed product detail pages
- Users who abandoned their shopping carts
Explanation:
Remember, the ultimate aim of marketing is achieved only when the seller makes a sale to the user.
However, in all the above scenarios no sale was actually made, and so there's a need for dynamic remarketing in other achieve the sales objective.
If the marginal product for that employee is greater than for the previous employee hired, it must be that there are gains from specialization
<h3>
What is marginal product ?</h3>
- The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
- The marginal product is the mathematical derivative of the production function with respect to that input if the output and the input are infinitely divisible, in which case the marginal "units" are infinitesimal.
- When more of one input, such as labor, is used while maintaining a constant level of the other input, such as capital, the marginal product initially rises according to the "rule" of declining marginal returns.
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Normal profit is zero and price equals marginal cost.
Suppose your uncle shows you $100 today or $150 in 10 years. you would prefer to take the $100 today if the interest rate is <u>5 percent.</u>
<h3>What is the interest rate?</h3>
An interest rate is the quantity of interest due per period, as a proportion of the amount lent, deposited, or borrowed
The total interest on a quantity lent or borrowed counts on the principal sum, the interest rate, the compounding frequency, and the length of the period over which it is lent, deposited or borrowed.
<h3>How high will interest rates go?</h3>
Market participants think the Fed rate hike cycle will peak in December in a capacity of 3.5-3.75%, followed by rate cuts early next year. This is consistent with anticipations of a recession.
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