Answer:
variable cost per unit = 46
fixed cost 188680
Explanation:
The high-low method consist in compare each frame to get the variable and fixed components
5440 high
2040 low
3400 difference
437920 high
281520 low
156400 difference
variable cost =15600/3400
variable cost = 46
the reasoning is that the additional 3400 units generated that cost.
Now:
we múltiple by the units by the production and get total variable
46 * 2040 = 93840 total variable
lastly total cost - total variable = fixed
281520 - 93840 = 188680
Answer: True
Explanation:
Social media engagement refers to the measurement of likes, comments, and shares. It should be noted that the greatest measure of social media success is simply the engagement of the audience.
It is vital for marketers to recognise how important engaging customers is. It should be noted that social media engagement and s a important and profitable way to engage ones customers as their current behavior can be taken into account and this is then used for making future references and behavior.
Answer:
A. the supply of parking will be more elastic and the price of parking will increase by a relatively large amount the night of the game.
level of differentiation across the firm's offerings
Answer: Option C.
<u>Explanation:</u>
Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.
More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.
Answer:
increases the same amount with tariffs and equivalent quotas.
Explanation:
In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.
A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.
On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.
In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.
A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.
Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.