The preparation of the CVP graph requires drawing a line representing the total revenue, total expense, and total fixed expense.
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What is the CVP Graph?</h3>
The CVP Graph, also known as a cost volume profit chart, is a graphical illustration that depicts the link between production costs and overall revenues.
The CVP graph is used by businesses to determine the possible impact of changes in volume sales on production process costs and total earnings.
In this scenario, the graph considers the total revenue, total expense, and total fixed expense.
Learn more about the CVP graph here:
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Answer:
1 It is a form of entertainment
2 you can dedicate time to your passions
3 they're helpful for your mental health
Answer:
ethnocentric
Explanation:
A choice of ethnocentric staff can be defined as an approach in which an organization chooses to hire a team of staff of the same nationality as the host company, which guarantees several advantages and also some disadvantages.
A significant advantage is that having employees of the same nationality as the headquarters company, ensures that there is greater cohesion between culture and language, which guarantees an advantage in reducing barriers that may negatively affect the flow of organizational operations.
Answer:
The correct answer is the option B: charges the highest bidder only a penny more than the bid of the second-highest bidder.
Explanation:
To begin with, the model of <em>''the second-price auction''</em> is a non-truthful auction mechanism in which every bidder places a bid but with the little particularity that the one who has the highest bid, and therefore the one who gets the first slot, only pays the price bid by the second highest bidder, and this last one only pays the price bid by the third highest bidder and so on. Therefore that this auction mechanism is non-truthful because the bidder does not pay the price he said he would, but he pays the price bid by the other person.
Hi
I believe you forgot coal because that's the answer. I took the test. Good Luck!
