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Sveta_85 [38]
2 years ago
10

Renting a car and paying $15 per day plus $.03 per mile driven is an example of what type of cost?

Business
1 answer:
PilotLPTM [1.2K]2 years ago
8 0
Actually the 15 dollars o a day would make it a fixed cost, but the 3 cents per mile is a variable cost.......hope I helped out, even if it was just a tad bit :)
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7 0
2 years ago
You own a portfolio that is 34 percent invested in Stock X, 22 percent invested in Stock Y, and 44 percent invested in Stock Z.
Sonja [21]

Answer:

13.86%

Explanation:

34% was invested into stock X with an expected return of 11%

22% was invested into stock Y with an expected return of 18%

44% was invested into stock Z with an expected return of 14%

The expected return on the portfolio can be calculated using the formula below

Expected return= Sum of ( weight of stock×return of stock)

= (0.34×11%)+(0.22×18%)+(0.44×14%)

= 3.74+3.96+6.16

= 13.86%

Hence the expected return on the portfolio is 13.86%

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3 years ago
15. If, in the economy described, government spending increases by $200 million, what will be the associated change in equilibri
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Answer:

$200 (million)

Explanation:

If the government spending increases by $200 million, then associated change in equilibrium income will be $ 200 million, assuming that Marginal Propensity to Consume (MPC) is 1

6 0
3 years ago
Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a
dalvyx [7]

Answer:

Career portfolio I think

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Tell me if I am wrong please.

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3 years ago
How do investment bankers generate revenues for their firms?
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Read 2 more answers
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