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masha68 [24]
3 years ago
5

Costs that are NOT affected by the quantity of a product sold are _______ costs. Examples of these costs include rent, insurance

, and utilities.
Business
1 answer:
Dvinal [7]3 years ago
6 0

Answer:

The correct answer is fixed costs.

Explanation:

Fixed costs are the cost that is spent on fixed inputs. They do not vary with the level of output. For instance insurance, rent, etc. They do not change with the change in the quantity of product, unlike variable costs.  

The variable costs are the cost incurred on variable inputs. They vary with the level of output produced.

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A restaurant owner in the 1950s does not feel negatively toward African Americans but refuses to serve them in his restaurant be
Minchanka [31]

Answer:

Unprejudiced discriminator.

Explanation:

Unprejudiced discriminator: This is referred to as the people who do not have the prejudice of their own, however, they act when needed or when it is convenient for them to discriminate as their decision is based on other people´s prejudice or socially motivated.

In the given case, a restaurant owner does not discriminatory feelings toward African American, however, due to social pressure, he is forced to discriminate as he refuses to serve them in his restaurant, which is a case of the unprejudiced discriminator.

6 0
3 years ago
Sandhill Company had cash receipts from customers in 2020 of $117,140. Cash payments for operating expenses were $104,320. Sandh
andriy [413]

Answer:

(a) service revenue = $117,920

(b) operating expenses = $98,110

Explanation:

The computations are shown below:

a. For service revenue

= Cash receipts from customers + ending balance account receivable - beginning balance of accounts receivable

= $117,140 + $15,400 - $14,620

= $117,920

b. For operating expenses

= Cash payments for operating expenses + beginning balance of prepaid expense - ending balance of prepaid expense

= $104,320 + $20,400 - $26,610

= $98,110

3 0
3 years ago
If a monopolistically competitive firm's marginal cost increases, then in order to maximize profits, the firm will:
Serjik [45]

Answer:

A. reduce output and increase price.

Explanation:

In the case of monopolistic firm at the time of profit maximization, the marginal revenue should be equivalent to the marginal cost i.e.

Marginal revenue = Marginal cost

When the marginal cost rises, the cost of generating an additional unit is also rise to equate MR and MC and at the same time the output would be decreased and the price is increased also the price is more than its marginal cos

Therefore the option A is correct

7 0
3 years ago
You were hired by a small business as the project manager of a project involving a market analysis. This project will determine
maria [59]

Answer:

Explanation:

check the attached files

8 0
3 years ago
______ is the development of a specific marketing mix to influence potential customers’ overall perception of a brand, product l
Korolek [52]

Positioning is the development of a specific marketing mix to influence potential customers’ overall perception of a brand, product line, or organization in general and is related to the place a product occupies in consumers’ minds relative to competing offerings.

<u>Explanation:</u>

Positioning assists place your product's status inside the sights of the customer. A skilled retailing unit can better form a positioning announcement to support relinquish as many of the destination demand as feasible.

A marketing strategy that intends to compose a label engages a separated space, relevant to wrestling labels, in the cognizance of the client. A reliable positioning strategy promotes retailing purposes and supports consumer's progress from an understanding of a commodity or aid to its shopping. Once a name is positioned, it is incredibly challenging to reposition it outwardly impairing its trustworthiness.

4 0
3 years ago
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