Answer:
(a) Fixed cost = Monthly payment of buying car and insurance.
Variable cost = Regular - grade gasoline cost and depreciation.
(b) $0.25
(c) Variable cost
Explanation:
According to the scenario, computation of the given data are as follow:-
a). Fixed cost are include monthly payment of buying car and insurance and variable cost include regular - grade gasoline cost and depreciation.
b). Marginal Cost of a Mile Driven = Cost Per Gallon ÷ Mile Per Gallon + Car Cost Per Mile
= $2.50 ÷ 25 + 0.15
= $0.25
c). Whether to drive from Atlanta to Las Vegas (about 2,000 miles round trip) we will considered variable cost because its change according to the traveled distance.
Answer:
exacerbating the global glut of steel by investing in additional production.
Explanation:
The United States Government under President Trump accused China of promoting overcapacity in production of steel and aluminium (that is industrial overcapacity).
This over-production of steel has distorted the global market by facilitating excess exports.
However China has been taking steps to reduce excess steel production although such efforts have been inadequate.
Even less has been done about the overproduction in the aluminium industry
D. Managers must remain proactive in expanding and/or modifying their product-market scope to anticipate and satisfy market conditions.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.