Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Answer:
since 1 <= allowable increase
optimal solution won't change
hence
1500 * 1 + 1000*1 + 1000*2 + 2833.33* 3
= 13000
Note: Complete question is added in the attachment
Answer: variable costs cost which can be changed by time according to the produced product is known as variable cost. 2. Identify ...
Explanation: She makes most of the jewelry herself but she also buys items from large manufacturers. Her only other variable cost is her pay off her.
Answer:
C) Yes, Elisa can file a tax return
Explanation:
As in the given situation Elisa could file a tax return as she is considered to be dependent as her age is less than 24 years also her income is lower than the taxable income so she can file her return herself in order to claim the return
Therefore as per the given situation the option c is correct
Answer:
a decrease in the total amount of units produced while fixed costs remain the same (that is why they are called fixed).
Explanation:
For example, company A produces 1,000 units with a total variable cost per unit of $10 plus $10,000 total fixed costs. Company A's total costs = $20,000
If company A's production level decreases to 950 units, their total costs = $19,500. Therefore a 5% decrease in production units only decreases fixed costs by 2.5%.
Company A's total costs were evenly split between variable and fixed costs, but sometimes either variable or fixed costs are proportionally larger. If the fixed costs of company A had been 67% of total costs instead of 50%, the 5% decrease in units produced would have reduced total costs by only 1.7%.
So the larger the proportion of fixed costs, a change in the number of units produced will have a smaller impact in the total costs of the company.
