All categories

4 years ago

Select the true statement:

Business

1 answer:

MAXImum [283]4 years ago

5 0

Answer:

B) As volume increases variable cost per unit increases.

Explanation:

As the volume of production and output increases, variable costs will also increase because the variable cost of production is a constant amount per unit produced. Alternatively , when fewer products are produced, the variable costs connected with production will as a result decrease

Variable costs example include direct Labour and material costs

So if the company decides to increase its output (production of product) from example 50 units to 100 units, then more materials and direct Labour are needed

You might be interested in

Which of the following statements is incorrect?

DedPeter [7]

Answer:

E. All information systems support businesses.

Explanation:

All information systems do not support businesses because it's there's many types of information systems such as Executive Support Systems , Management Information Systems (MIS), Decision Support Systems , Knowledge Management Systems , Transaction Processing Systems and Office Automation Systems and it depends on the purpose of that information system in particular, whether it supports businesses or not

4 0

3 years ago

Total risk is measured by?

ELEN [110]

A weighted average of the risk of each individual investments in the portfolio. The weighted average of risk is found using the standard deviation.

6 0

3 years ago

In its first month of operations, Giffin Company made three purchases of merchandise in the following sequence: (1) 240 units at

alisha [4.7K]

Answer:

$1,395

Explanation:

Total cost of Inventory purchased

= (No. of units × Per unit price) + (No. of units × Per unit price) + (No. of units × Per unit price)

= (240 × 8) +(340 × 10) +(440 × 11)

= 1,920 + 3,400 + 4,840

= $10,160

Number of units purchased = 240 + 340 + 440

= 1,020

Average cost per unit = total cost /No. of units

= 10,160 /1,020

= $ 9.9608 per unit

Cost of ending inventory = 140 × 9.9608

= $1,395

8 0

3 years ago

The basic logic behind the Rational Rule for Sellers is that a company owner should increase output as long as the extra output

Soloha48 [4]

According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.

According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.

It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.

Read related link on:

brainly.com/question/25670500

5 0

3 years ago

Aime goes to the supermarket to buy lotion. She always buys the same brand, so she knows exactly what the bottle looks like. Jai

EleoNora [17]

Answer:

b. Lanham Act

Explanation:

Lanham Act -

According to this act ,

It governs the unfair competition , service marks and trademarks , is referred to as the Lanham Act .

Where Trademark , refers to the some symbol , logo , phrase or word , which act as an identity of the goods or services , and make the product to stand out from rest of the product .

Copying the same trademark is an illegal activity .

The Law was passed by Congress in year 1946 .

It is also called the Trademark Act 1946 .

Hence , from the given scenario of the question,

The correct option is b. Lanham Act .

7 0

3 years ago