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Morgarella [4.7K]
3 years ago
10

Fixed cost per unit is inversely proportional to the volume of units produced.

Business
1 answer:
Levart [38]3 years ago
5 0
True. Fixed cost per unit is inversely proportional to the volume of units produced.

Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.  
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If the price of a product increases, then the budget line rotates and the optimal quantity demanded, which corresponds to the hi
Hoochie [10]

Answer:

Budget Line rotates inwards (leftwards/ downwards) on that axis, optimal quantity demanded at that higher price .

Explanation:

Budget line represents product combinations that a consumer can afford , using all income with given prices & income.

If price of a product increases, the consumer can consume lesser amount of the product due to higher prices . So, the budget line rotates inwards (leftwards / downwards) on the corresponding x / y axis denoting that good.

So, inwards rotation of the budget line on the corresponding axis representing the price risen good - leads to reduction in the quantity of the good whose price has risen.

7 0
3 years ago
CPI is calculated by dividing the ____ using ____by the ____using ____ and multiplying by 100.
Anika [276]

Explanation:

The CPI stands for Consumer Price index . It refers to the change in the price level with respect to the goods and services available in the market.

The CPI is calculated below

= Given the cost of market goods and services using the price of given year by the Given cost of market goods and services using the price of a base year and then it would be multiplied by 100

While the GDP Deflator deals with the price of all goods and services that are produced in domestic.

7 0
3 years ago
Veronica Mars, a recent graduate of Bell’s accounting program, evaluated the operating performance of Dunn Company’s six divisio
Nat2105 [25]
You expect me to answer this
3 0
3 years ago
Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan
zysi [14]

Answer:

The expected balance of Accounts Payable on 31 January is $6020

Explanation:

The expected closing balance of Accounts payable will include the amount of payable for purchases made in January which are still outstanding at the end of the month. According to the policy of the company, 50% of a month's purchases will be paid in the following month. Thus, the ending balance of accounts payable will be 50% of January's purchases.

Closing balance of Accounts payable = 12040 * 0.5 = $6020

6 0
3 years ago
explain how (if at all) each of the following events affects the location of a country’s production possibilities curve: a. the
Alex787 [66]

The following are the analysis of a Production Possibility Curve.  It is to be noted that As education quality improves, the production potential curve will shift outward, improving job skills and productivity. PPC will migrate abroad as human capital boosts the country's resources.

<h3>What happens when the number of unemployed increases?</h3>

It will not affect PPC's position, or it will remain the same, because the number of jobless employees will not change the overall labor force.

<h3>What happens when a new technique improves the efficiency of extracting copper from ore?</h3>

Increased efficiency as a result of technological advancement will move PPC outward as it boosts productivity and allows for greater output with existing resources.

<h3>What will happen when a devastating earthquake destroys numerous production facilities?</h3>

The severe earthquake destroys available resources and capital stock, decreases productivity, and shifts PPC inward.

Learn more about PPC:
brainly.com/question/26460726
#SPJ1

6 0
2 years ago
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