Answer: b. Remain constant
Explanation:
Fixed costs as the term implies, do not change depending on the units produced or sold but rather remain constant over the period. If the company sells 2,000 or 5,000 more units, the fixed costs will remain constant.
For instance, if the rent of the selling warehouse is $4,000 per month and the company stores and then sells any number of units, they will still pay $4,000 regardless.
<span>Theories explain available phenomena based upon current evidence. These are typically set out in statements and use data and testable hypotheses as a way of backing these statements. While a hypothesis might only be used for a single concept or question, theories tend to be more broad-ranging. They are usually used to explain large concepts and groups of phenomena.</span>
Answer:
Union Apparel's sales for the month is $520,000
Explanation:
For computing the monthly sales excluding taxes, the calculation is shown below:
= Sales including sales taxes × Sales ÷ sales with sales tax
where,
1 is the sales value
And, sales value with tax equals to
= 1 + 6 % = 1 + 0.06 = 1.06
Now, put these values to the above formula
So, the value would be equal to
= $552,000 ×1 ÷ 1.06
= $520,000
Hence, Union Apparel's sales for the month is $520,000
Answer:
D. The supply of jeans is unchanged and the quantity of jeans supplied increases
Explanation:
According to the law of supply if the price of the good increased than the quantity supplied is also increased and vice versa i.e it shows the direct relationship between the quantity supplied and the price
So since the price of the jeans is rises so the quantity supplied is also raised without impact the supply of jeans
Hence, the correct option is D.
Answer:
That the car wash was not liable to the plaintiff because the car wash employees had no notice they were taking responsibility for so much jewelry.
Explanation:
The case of Ziva Jewelry Inc., v. Car Wash Headquarters Inc involved a salesperson Stewart who locked jewellery in his car and took it to the car wash.
He did not disclose that there was expensive jewelry in the car.
The attendant finished washing the car and signalled to Stewart that his car was ready and walked away from the car.
Before Stewart could pay the bill someone had taken the car. Although the police recovered the car the jewellery was stolen.
Zeva Jewellry filed a motion against the car wash that they did not excercise due care in returning the vehicle.
In this instance the car wash was not liable because Stewart did not disclose there was expensive jewelry in the car.
Also the attendant had finished with his car and informed him of this. So it was out of their care when the car theft occured
