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Arlecino [84]
3 years ago
9

Variable costs are Question 8 options:

Business
2 answers:
vladimir2022 [97]3 years ago
6 0

Answer: A) Production expense that changes with the quantity of output produced .

Explanation: Variable cost is that part of 'Total Cost' of output production , which directly varies with the level of output .

Total Cost = Total Variable Cost + Total Fixed Cost

TVC since directly varying with level of output , is zero at zero level of output .

Eg - Cost of Raw Materials , Fuel etc

(This is unlikely Fixed Cost which is not related with output production & isn't 0 at 0 level of income , eg - cost of plant , machine )

aleksklad [387]3 years ago
4 0

Answer:

The correct answer is option A.

Explanation:

In the process of production, several inputs are used to create outputs. These inputs may or may not be varied in the short run. Those inputs that can be varied are called variable inputs, for instance, labor.  

Those inputs that cannot be varied in the short run are called fixed inputs. For instance, capital, machinery, etc.  

The cost incurred on variable inputs is called a variable cost. This cost changes with the change in the quantity of output produced. The quantity of output varies with the quantity of input employed and so does variable cost.

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Answer: must offer higher

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This is why when interest rates are stable and stocks are volatile, stock markets tend to lose value and bond markets sometimes gain value as investors leave the stock market and come to the bond market.

In the scenario described, the interest rate in the money market is 5%. If interest bearing financial assets are only at 2%, investors will leave/ not invest in those interest bearing bonds because the rate is lower. The sellers of such assets will therefore have to make them more attractive by increasing the the interest rates to find willing buyers.

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Assume a systems development project effort calculation determines that the system will require 240 function points. if the deve
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Continuing the analysis of Ginnie's Gym Refreshment Bar:
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The bundle prices for Hydration Power Drink and Satisfying Smoothie are given below.

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Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas
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<span>Government increases the tax rate.
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</span>
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3 years ago
Read 2 more answers
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