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DedPeter [7]
4 years ago
10

If a company has excess capacity, increases in production level will increase variable production costs but not fixed production

costs.
a. True
b. False
Business
1 answer:
den301095 [7]4 years ago
6 0

Answer; True

Explanation;

When a company has excess capacity, it means that potentially it could produce more than it is producing at the moment. As this potential already takes into account the fixed costs, this means that given the fixed costs it currently has, more goods could be produced on those same fixed costs and they wouldn't increase.

Increasing production level would therefore only increase variable costs which rise whenever production rises as they are directly related to the production of goods.

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Suppose the marginal propensity to consume is 0.8 and the government cuts taxes by $40 billion. real gdp will _____ by _____.
Dmitriy789 [7]

If the government cuts taxes by $40 billion, this puts more money in consumers' pockets. Given an MPC of 0.8, this means they will spend $32 billion

Evaluating :

(0.8 × $40 = $32).

The correct answer is an increase of $32 billion.

GDP:

Gross domestic product (GDP) is a measure of the final goods and services produced with a specific region over a specified period of time. It is computed as follows:

GDP = Consumption + Government Spend + Investment + Net Exports

What is Marginal Propensity to Consume (MPC)?

Marginal propensity to consume (MPC) is measured as the portion of an increase in pay that a consumer would spend on goods and services as opposed to saving. Essentially, it is measuring how sensitive consumption in an economy is to increases in income. MPC is important in economics because it illustrates the effect that increased government spending has on the economy.

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8 0
2 years ago
Current access control rosters should be authenticated by the manager or their designated representative. True False
LuckyWell [14K]

Answer:

TRUE

Explanation:

Current Access Control rosters should be authenticated, authorized and accounted for by the manager or their designated representative.

Bio-metrics, Electronic locks, and Smart cards are sensitive data-derivation technologies and since they are applied in a number of sectors - e.g. Telecommunications, Retail, Defense, Healthcare, Hospitality, and Information Technology - current access to devices and software applications should be authenticated by the manager or a designated representative of the manager.

6 0
3 years ago
Customers arrive at Rent a Wreck and hope to score an inexpensive and unsightly vehicle to use for what typically is a short per
levacccp [35]

Answer: B- 6 minutes

Explanation: From the question above, In one hour, about 20 customers shows up at Rent a Wreck.

It takes 2 minutes to photocopy their driver's license and insurance card and take an impression of a credit card

therefore 20/2=10

in one hour which is 60 min = 60/10

=6 minutes

4 0
4 years ago
WILL GIVE BRAINLIEST! 3 questions.
timofeeve [1]

MArket research analysts require good mathematical skills to analyze data and statistics.

Usually editors make more money than copywriters because editors usually oversee copywriters.

Graphic designers can work in a variety of fields, not just advertising and marketing.

4 0
3 years ago
A house sold for $140,000 with the buyer making a 20 own payment. the grantor's tax is charged at $1.00 per $1,000, what would t
GuDViN [60]

The grantor's tax is charged at $1.00 per $1,000, the tax amount would be $140 based on the selling price.

<h3>What is a down payment?</h3>

The cash upfront paid by the buyer in real estate transactions and other significant purchases is known as a down payment on a house. For a home being used as a primary residence, down payments, which are typically a percentage of the purchase price, can range from as little as 3% to as much as 20%. The sort of mortgage you select, as well as the financial status and the kind of property you're purchasing (such as whether it's a primary residence or an investment property, for example), usually decide the down payment amount.

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5 0
2 years ago
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