Answer:
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Explanation:
Answer:
C) Drawer
Explanation:
A drawer is an individual or institution that issues and signs a bill of exchange instructing a bank or drawee to pay the specified amount to the payee. The drawer is the person who writes and signs a cheque to a third party or payee. In a situation where the cheque is to pay oneself, the drawer is the same as the payee.
Rover and Associates is the drawer. The law firm issues the cheques instructing Portris Bank to pay the office manager the amount stated in the cheque. The office manager is an employee of Rover and Associates. The cheque may be written to Rover and Associates. If that is the case, Rover and Associates is first the drawer and the then the payee. Portis bank is the drawee.
Answer:
C) Passive data is the correct answer.
Explanation:
- Passive data are the data that is collected without the involvement and without requesting the user.
- Passive data is also called as implicit data.
- passive data are collected without active participation and passive data are gathered from a phone call, text activity, and global positioning methods.
Examples of passive data are:
The manager of a cost center has the responsibility for making decisions affecting revenues and costs.
Revenue is the full earnings produced with the aid of a given source a belongings predicted to yield a big annual revenue. Revenue refers to the overall earnings a enterprise generates through its middle operations like income of services or products, rents on a property, routine payments, hobby on borrowings, and many others. revenue calculations come before getting rid of any prices, which include discounts and returns.
Cost denotes the quantity of money that a corporation spends at the creation or production of products or offerings. It does now not consist of the markup for profit. From a seller's point of view, cost is the amount of money that is spent to supply a very good or product. Fee is defined as to be priced at something or to lose. An instance of cost is for a loaf of bread to be priced at $3. An instance of value is to give up your freedom to offer freedom to any other man or woman.
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Answer: When Supplies Are Limited Prices Tend To Increase
Explanation: Is Supplies Are Endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down.
