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DedPeter [7]
3 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]3 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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Define foreclosure economics.​
Kobotan [32]

Answer:

Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property

8 0
2 years ago
When the price level decreases, _____. rev: 06_12_2018 Multiple Choice the demand for money falls and the interest rate falls ho
beks73 [17]

Answer:

The demand for money falls and the interest rate falls.

Explanation:

Price level can be described as the evaluation of the amount in which goods and services are sold in the market. A change in the price level can greatly affect the demand of a customer either positively or negatively.

A decrease in the price level enables a customer to purchase more products and at the same time save some amount of money, this results in the reduction of interest rates.

When the price level reduces, individuals will need less amount of money to buy the same quantity and type of product.

6 0
3 years ago
"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish
arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -<u>Therefore, in order to strike the fish you should aim below where the  fish appears to be. -Answer is( 2) Below; directly</u>

With a laser, you would aim directly at the fish <u>-Answer is (1) none of the above</u>

Explanation:

 

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

<u>Therefore, in order to strike the fish you should aim below where the </u>

<u>fish appears to be. -Answer is( 2) Below; directly</u>

 

(b) When you use a laser gun to zap  the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, <u>in order to </u>

<u>hit the fish you should aim you laser gun directly where the fish </u>

<u>appears to be."-Answer is (1) none of the above</u>

7 0
2 years ago
A contract in which a buyer takes goods primarily for resale, with a right to return any goods that fail to sell, is a sale on a
Jobisdone [24]
<span>This question is actually false. The type of contract described is actually a Sale or Return. When negotiating a Sale or Return, it is useful to define a period in which the goods will be returned if they are not satisfactory. It is also useful to have a requirement that the goods be returned unaltered and undamaged.</span>
7 0
2 years ago
A truck acquired at a cost of $285,000 has an estimated residual value of $14,100, has an estimated useful life of 43,000 miles,
777dan777 [17]

Answer:

a. $270,900

b. $6.30

c. $24,570

Explanation:

(a) The depreciable cost = $270,900

(b) The depreciation rate = $6.30

(c) The units-of-activity depreciation for the year =- $24,570

8 0
3 years ago
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