The firm that would suffer the greatest decline in profits if sales volume declines by 15% is Mason Company.
The cost of a company is made up of fixed cost and variable cost. Fixed cost is the cost that does not vary with output of the company. It remains fixed no matter the level of output. An example of fixed cost is rent. Variable cost is the cost that varies with output. If output increases, variable cost increases and if output falls, output decreases.
If sales volume decreases, the output of Mason Company would decline more compared with the output of Kelley company because it has a higher fixed cost. So, we when sales reduces, its cost would would not reduce as many as the cost of Kelley company.
To learn more, please check: brainly.com/question/13059508
Answer: C) and D) answers.
Explanation: The rental market must have a free operation, that is, supply and demand have to set their price level, especially since, in this case, the product is not fungible, that is, it is not interchangeable. Each floor varies in location, number of square meters, construction qualities, etc. You cannot set a fixed reference price. Another of the most repeated consequences by experts is that the limitation will cause a reduction in supply, but demand will not go down, which will necessarily lead to greater tension in rental prices.
Answer:
a, Redistribute income from Victoria to Fredrick.
Explanation:
Marginal Utility is defined as the "change in the utility from an increase in the consumption of that good or service." According to my research on marginal utility, I can say that based on the information provided within the question we should Redistribute income from Victoria to Fredrick in order to maximize the combined total utility.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
A partnership intentionally created and recognized, orally or in writing is known as a express partnership.
hope this helps!
