Answer:
e.a and d
Explanation:
Average fixed cost = Total fixed cost / quantity
Total cost is cost that does not vary with production e.g. rent
Average fixed cost is fixed cost per unit produced.
Average fixed cost = average total cost - average variable cost
I hope my answer helps you
Answer:
the spending variance is $6,904 favorable
Explanation:
The computation of the spending variance is as follows;
Budgeted Expense is
= 1,230 cars × $4.80 per car + $26,000
= $5,904 + $26,000
= $31,904
And, the actual expense is $25,000
Therefore, the spending variance is
= $31,904 - $25,00
= $6,904
Therefore, the spending variance is $6,904 favorable
Answer:
The ability of sellers to change the amount of the good they produce.
Explanation:
Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.
The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.
A social worker makes $21.35 a hour.
HOPE THIS HELPS YOU! ^_^
Answer:
The correct option is C,due diligence
Explanation:
Due diligence involves a thorough examination and appraisal of a prospective business venture undertaken by a would-investor in order to determine the value of the target business and most importantly to substantiate the information provided by the current business owner such the prospective investor can decide whether or not the business is worth investing in.
Pedro has just carried a due diligence by committing an industry expert to examine closely the prospective business.
