The current disposable income held to buy consumption goods in the future is referred to as saving.
Consumables are goods that are best suited for their end use. In other words, the end-user of consumer goods is the consumer themselves, and capital goods are the goods used to manufacture consumer goods.
Common examples include food, drink, clothing, shoes, and gasoline. Consumer services are usually intangible products or actions that are produced and consumed simultaneously.
Learn more about consumption goods here
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Question attached
Answer and Explanation:
Answer and explanation attached
Answer:
For Juniper Enterprises to breakeven it must sell 607 units
Explanation:
To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.
Break-even point in units=fixed cost/contribution per unit
fixed costs incurred is $8,400
contribution per unit=selling price per unit -variable cost per unit
selling price is $28
variable cost is $16.80
contribution per unit=$28-$16.80=$11.2
0
break-even in units =$6,800/$11.2
0=607 units
Answer: Mixed
Explanation:
Here is the complete question:
Max Machining incurs the following utilities costs at different levels of production:
0 units: $120
500 units: $2,620
1,000 units: $5,120
How would utility costs be properly classified?
A) Curvilinear
B) Variable
C) Mixed
D) Fixed
E) Stepped
The utility cost here will be classified as a mixed cost. A mixed cost is a type of cost that has both fixed and variable cost. At 0 units, $120 was already spent. This shows that this cost is a fixed cost as it doesn't have anything to do with output. It'll still be paid regardless of the number of outputs while the other cost incurred are variable cost which is dependent on the number of outputs of goods.
Based on the explanation above, the answer is mixed cost.
The answer is C. “There is a major city 50 miles away from the region”.
