Answer:
vary both in total and per unit
Explanation:
Variable costs are the costs that vary depending on the level of output.
Examples of variable costs are: energy used to power machines involved in the production process, labor costs, and maintenance costs.
Variable costs vary both in total and per unit.
Answer:
The $20 ticket to the match.
Explanation:
The sunk cost would be the $20 ticket to the match.
Answer:
Option 3 is correct.
Explanation:
The reason is that their is no benefits and losses arising from this transaction to either party to trade. The exchange of items will result in exchange of assets between two countries which will be in balance. This transaction neither devalues Germany's currency nor strengthens it. Same is the situation for the Jamaica. If the transaction was favourable for Germany, which means its export in monetary terms exceeds the imports from jamaica. It would had benefited Germany in additional earnings. It's example is just like your family's total income is $10000 per month and your spendings are $10000 per month. In this situation you are neither benefiting nor you are in deficit. Its okay for you to spend upto $10000 but if you exceed that limit, you might face unfavourable circumstances in near future. Thats the reason why countries try to increase their exports from imports.
I believe what this statement means is that marketing your product and convincing people to buy it takes more than just talking good about it and advertising it. You have to be smart about it, consider intended buyers, competitors, etc.
Answer:
Ke = Rf + β(Rm – Rf)
Ke = 4.5 + 1.20(12-4.5)
Ke = 4.5 + 9
Ke = 13.5%
Explanation:
Cost of equity is equal to risk-free rate plus market risk premium. Market risk premium is beta multiplied by risk premium. Risk premium is market return minus risk-free rate.