Answer:
Fixed Cost and Variable cost
Explanation:
it is the Variable cost that consist of firm's expenditures made before production while fixed cost comes regardless of the level of production.
Answer:
We use the accounting equation to identify what a company owns and owes. <u>Assets </u>are resources a company owns or controls, <u>Liabilities </u> are claims creditors have against a company’s assets, and <u>Equity </u>is the owner’s claim on a company’s assets.
Explanation:
The accounting equation reads as Assets = Liabilities plus Equity.
The accounting equation forms the basis for preparing the balance sheet and the double-entry accounting system. When well prepared, the assets side should balance with liabilities and equity.
Answer: may be determined by subtracting the total variable cost from either the total cost at the low or high activity level
Explanation: In using the high-low method, the fixed cost may be determined by subtracting the total variable cost from either the total cost at the low or high activity level.
Answer:
"D" is the correct answer.
All of these.
Explanation:
NOTE: in this question, options part is missing, The option for the following question is :
b. Additions to business stock
c. firms' buy of equipment
d. All of the above
Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.
formula to calculate GDP is as follow
GDP = C + I + G + NX
where C stands for Private consumption.
I stands for investment
G stands for government consummation
NX for net export (total export - total import)
GDP use to calculate countries total gross production during a particular year.
what do economies of scale, the ownership of essential raw materials, and patents have in common? They are all barriers to entry.
Materials or substances used in the initial stages of producing or manufacturing items are known as raw materials. On commodity exchanges around the world, raw materials are commodities that are purchased and sold. Since raw materials, like labor and capital, are factors of production, traders buy and sell them on the factor market.
Various sorts of raw materials can be employed in a wide range of goods. The inventory or input commodities that a business needs to make its products are known as raw materials. For instance, a car manufacturer would employ steel used in the construction of vehicles as a raw material.
Learn More About raw materials:
brainly.com/question/13376768
#SPJ4
