A variable cost is a cost that changes as at different points overtime and is not a set amount every month. Raw materials and rent are monthly payments made each month that typically do not fluxuate at all unless there is a new agreement, expansion or something that causes a change with those bills. Equiptment machinery repair can change because there are not repairs made each month. The cost and extensiveness of the repairs fluxuates over time therefor this is a variable cost.
Answer: False
Explanation: In simple words, conflict of interest refers to a situation in which any individual or an entity holds the position of authority in which any decision made by him or her can lead to personal benefit at the cost of others loss.
The given statement is false as conflict of interest would only appear when the employees have financial investments in the companies in which they are working as it can lea d to access of materiel non public information or authority to make decisions for personal benefit.
Answer:please refer to the explanation section
Explanation:
Mechanic = $100
Vet = $100
Alex (payment from vet) = $100
Will's $100 bill has created $300.
This situation is explained in detail by the concept known has the multiplier. The multiplier measures how much impact will a change in an exogenous variable will cause in endogenous variables, for example How much a increase in Government spending will change Gross Domestic Product.
The multiplier in this case is 3,
First answer - am i willing to share profits with other people
second answer: franchisee
third answer: good records
