Answer:
B. sales volume changes
Explanation:
Operating leverage measures the effect of fixed cost on operating income when volume of sales change.
Operating leverage is created when a firm has fixed operational expenses. E.g. depreciation.
The degree of operating leverage = percentage change in operating income/ percentage change in unit sold
Operational income = Revenue - operating expenses - Cost of goods sold.
Answer: All economies
Explanation: The government of a country plays a role in every economy regardless of the type of economy the country runs, the major difference in economies is the extent to which the government functions in the economies.
In the socialist economy the government holds a more controlling role than in the capitalist economy where a free market is encouraged.
Answer: Option (C)
Explanation:
Excess supply is referred to as or known as the market condition under which the quantity supplied tends to greater than demand for a product, commodity or a service at the current market price. It mostly tends to occur at the price which is greater than equilibrium price level. The price tends to be greater than that of equilibrium price therefore sellers would moreover sense this situation as an opportunity in order to earn the greater profits and thus would pump in supply.
<u>Answer</u>:
In markets characterized by oligopoly, B) the oligopolists earn the highest profit when they cooperate and behave like a monopolist.
<u>Explanation</u>:
Oligopoly markets are those markets in which there are two or more businesses that have no direct competition with each other in the marketplace. Only these few businesses dominate the whole market. Businesses or their owners in these types of markets are known as oligopolists. To get high profits in Oligopoly influenced markets, the oligopolists act like monopolists, which means that they cooperate and become the leaders in their specialties to gain more profits in the market collectively.
Therefore, alternative B is correct.
Answer:
an account that charges interests constantly for money stored in that particular bank