Answer:
The correct answers are letters "A", "B", and "C": straight-line depreciation, manager's salary, store rent.
Explanation:
Fixed Costs are business expenses that do not change as the level of production goes up or down. They are one of two types of business expenses the other being variable cost. Variable costs do change as the volume of production changes. Examples of fixed costs are high-executive salaries, rent, depreciation, and insurance. Examples of variables costs are commissions, raw materials, and transportation fees.
Answer:
b. short-run ups and downs of the economy.
Explanation:
Cyclical unemployment is a form of employment that occurs as a result of fluctuations in the economy.
When there's a downturn in the economy, unemployment increases and It falls when there's a boom.
I hope my answer helps you
Answer: 15.35%
Explanation:
The total nominal return over the two years if inflation is 2.4% in the first year and 4.4% in the second year will be calculated thus:
= (1+Interest rate)² -1
= (1 + 7.4%) - 1
= (1 + 0.074)² - 1
= 1.074² - 1
= 1.153476 - 1
= 0.153476
= 15.35% over the two years
Answer:
Please find the complete solution in the attached file.
Explanation:
Answer:
C) there is at least one fixed factor of production.
<u>Multiple-choice options</u>
A) there is increasing scarcity of factors of production.
B) the price of extra units of a factor is increasing.
C) there is at least one fixed factor of production.
D) capital is a variable input.
Explanation:
he law of diminishing marginal returns cites that adding extra input while maintaining the others fixed will cause the overall output to decrease . Adding one more production input while keeping the rest intact decreases the marginal returns and increases the average production cost.
The law only applies where there at least one fixed input. When the firm uses more of the variable input, the firm's marginal product will eventually decrease.
