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Anvisha [2.4K]
3 years ago
9

Which of the following statements is true of the behavior of total variable​ costs, within the relevant​ range? A. They will inc

rease as production decreases. B. They will decrease as production decreases. C. They will remain the same as production levels change. D. They will decrease as production increases.
Business
1 answer:
grandymaker [24]3 years ago
7 0

Answer:

They will decrease as production decreases

Explanation:

Total Variable cost is sum of all the cost incurred in production of total units of goods produced. It is directly proportional to the number of units of goods produced. It helps to analyze cost structure of goods and then decide on pricing strategy of the goods. Some of the examples of variable cost can be packaging cost, raw material’s cost.

Mathematically it can be defined as  

Total variable cost = Total units of goods produced *  variable cost for one unit of good produced  

Hence from the given option  They will decrease as production decreases as the number of units of goods produced will decrease and hence lesser raw material and packaging will be required to produce the goods.

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Answer:

a.$348,000

Explanation:

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=$348,000

3 0
3 years ago
Explain why supply and price are positively related
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Answer:

see below

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A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

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3 years ago
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qualified available

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Alcochol is an example of qualified available market because it created a situation which only allow consumers older than 21 to make a purchase.

Other example would be Waxing salon.  Large portion of waxing salons only allow female customers to purchase their service (since the workers are also females and feel uncomfortable to give their service to male customers.)

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3 years ago
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11111nata11111 [884]

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The cost of the driveways and parking lot are recorded separately (as land improvements), not under cost of land because they can be depreciated.

Architect's fees are generally included in the construction costs of the building, not in the land cost. The architect's fees are covered before the construction starts because you need the blueprints in order to start the construction.

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g The scheduling and front desk experience impact how clients rate us on their Intent to Return. True False
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