Answer: Meeting customer requirements at a profit
The statement in the question is : FALSE
<h3>What is a step-variable cost ?</h3>
A step variable cost is a type of cost that varies with the level of activity, but is incurred at discrete points and it involves large changes. Hence If the steps in a step-variable cost behavior pattern are large, the step variable cost function cannot be approximated by a variable cost function without loss in accuracy because the variable cost behavior pattern is directly proportional to the variable cost function.
Hence we can conclude that The statement in the question is : FALSE
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Answer:
Trade
Explanation:
The consumption possibility can be gotten from three different factors, it could be gotten from opportunity for trade, production set and also from consumption behavior.
Involving in trade would reduce the prices of goods for consumers, especially in a country that is involved in importation. It creates gains for consumers. Therefore it can be said that trade is a key to better consumption possibilities.
This is the concept of algebra, we are required to calculate the total time that Karla should spend in in reviewing, homework assignments and preparation for the next class.
Total number of classes=2
Number of credit hours=6 hours
Time taken for each class=6/2=3 hours
Number of hours for reviewing, homework and assignments should be equal to the amount of time spent in each of the classes. This will give us:
[number of hours]*[activities]
=3*3
=9 hours
Answer:
while inflation is undesirable, the breakdown of the economy that would occur in the absence of an inflation tax would be worse.
Explanation:
This is because, they believe that, when the economy under inflation is taxed, the money generated would be used to cushion the effects of those inflation through adequate management and administering of policies and projects.