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The statement “Expenses, such as depreciation on buildings
are also known as variable expenses.”, is false, due to the fact that depreciation
is a fixed cost since throughout its useful life as an asset, it reoccurs in
the same amount per period, and thus, depreciation cannot be considered a
variable cost. Nevertheless, as with all things, there is an exception. The
depreciation will be sustained in a pattern that is more consistent with a
variable expense, only if a business recruits a usage-based depreciation methodology.
To add, the corporate expense that alters with the company’s
production output is called the variable cost.
Answer:
The answer is b) how technology is best used in the production of goods and services
Explanation:
The concept of welfare economics is used in the context of the Economy and public finances. It is defined as the branch of the economy that tries to determine the conditions that are needed to reach the maximum of social welfare. For this, the conditions are established to maximize production with a given amount of resources and optimization of the distribution of goods and services, analyzing the policies pursued in the achievement of goals that are considered desirable from the point of view of well-being.
Answer: The use of promotional signage
Explanation:
A promotional signage is a method of advertisement where special offers are displayed at strategic points by a business to the public to attract customers to patronize the business. Manila in her is making use of promotional signage to draw the attention of potential buyers to her store.
Answer:
Advantages of Informal Sector employment:
Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.
There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.
You are saved the hassle of paying Pay As You Earn tax.
There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.
Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.
Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.
Disadvantages of Informal Sector employment:
Little or no job security.
Unprotected by labour laws.
Odd working hours.
No pension, insurance or health insurance scheme.
Summary dismissals.
Difficult to make any savings due to low wages.
A brief illness or injury or injury can mean no financial means to survive.
Explanation:
