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lilavasa [31]
2 years ago
11

Last year, flash company sold 15,000 units of its only product. if sales increased by 20% in the current year, how will total va

riable cost and total fixed cost be affected?
Business
1 answer:
CaHeK987 [17]2 years ago
5 0
<span>If they make, for example 20,000 products every year their variable cost and and fixed cost will be changed because of the increased sales by 20% and they will only lose smaller amount of money than the last year.</span>
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When <u>cost of production increase </u>  business firms will supply lower quantity of output

<h3>Effect of production cost on prices </h3>

When the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,

An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.

Hence we can conclude that When <u>cost of production increase </u>  business firms will supply lower quantity of output

Learn more about shift in supply curve : brainly.com/question/23364227

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1 year ago
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5 0
3 years ago
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Answer and Explanation:

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4 0
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Answer:

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