Answer:
Correct option is D
Explanation:
Variable cost remains constant for each single unit.
That means variable cost is defined per unit, therefore with this we know statement b is correct.
Also with change in production in number of units, the total cost varies and proportionately changes with change in level of output.
Therefore statement A is also correct.Thus on the conclusive part, Staement D is correct.
The Mediterranean climate zone would be great for agriculture because it deals with farming and irrigation, which since it has good climate, would also have great soil, which would result in successful crops. <span>
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Once every 10 years search it up if I am wrong
For a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.
<h3>Why is the relationship between demand and price of prestige products direct?</h3>
The relationship between the demand and price of prestige products is direct because prestige products tend to sell better at high prices than at low prices.
And when the quantity demanded increases, the price tends to increase.
An example of a prestige product is an old car.
Thus, for a firm that sells a prestige product, the relationship between price and quantity demanded is a <u>positive direct relationship</u>.
Learn more about the demand for prestige products at brainly.com/question/6374886