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alexdok [17]
3 years ago
6

The difference between variable costs and fixed costs is (CMA adapted) A. Unit variable costs fluctuate and unit fixed costs rem

ain constant. B. Unit variable costs are fixed over the relevant range and unit fixed costs are variable. C. Total variable costs are constant over the relevant range, while fixed costs change in the long-term. D. Total variable costs are variable over the relevant range but fixed in the long-term, while fixed costs never change.
Business
1 answer:
Hatshy [7]3 years ago
7 0

Answer:

<em>(A) Unit variable costs fluctuate and unit fixed costs remain constant.</em>

Explanation:

The <em>fixed costs</em> are the costs which have to be incurred always, irrespective of what the output produced is by the firm. For instance, a firm always has to charge depreciation on its fixed assets, pay salary to the premises staff and pay fixed salary to the managers for managing etc, irrespective of whatever output it produces.

<em>Variable costs</em> are the costs which vary with the level of output produced activity. For example, if more output is produced more will be the raw material payments, more will be the manufacturing related other expenses and more will be the wages paid to the labour etc and vice-versa.

Hence, thereby the per <em>unit variable costs fluctuate and unit fixed costs remain constant.</em>

 

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Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price
Yuki888 [10]

Answer:

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Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

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3 years ago
when attending a networking event, question 23 options: meet one person and make sure they understand what your business is. tel
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If you attend a networking event, you should focus on the problems you can solve rather than listing the products or services you sell to focus on the problems you can solve rather than listing the products or service that you sell.

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4 0
1 year ago
Name 3 outside financing sources
sukhopar [10]

Answer and explanation:

In the corporate world, outside or external financing resources refer to all the sources from where a business can obtain the necessary capital to handle its operations without using the firm's assets. Common examples of external financing resources are:

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6 0
3 years ago
Please help for brainliest
amm1812

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4 0
2 years ago
Kubin Company’s relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average cos
erastovalidia [21]

Answer:

a. $142,500

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Explanation:

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b. The computation of the total indirect manufacturing cost is shown below:

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= ($1.70 + $5.20) × 12,500 units

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8 0
3 years ago
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