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GREYUIT [131]
2 years ago
5

Which of the following is an example of a fixed variable cost?

Business
1 answer:
OlgaM077 [116]2 years ago
5 0
Utility bill, due to its fluctuation.
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There are two universities, A and B, in a city. Tuition rises at University A and, as a result, the demand for attending Univers
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Substitutes

Explanation:

The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.

Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.

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2 years ago
The Typhoon Resort, which has 100 rooms, has currently been experiencing an occupancy dip to a 60.00% level. The current rack ra
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Answer:

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3 years ago
If a student identifies herself as having strong writing skills and an interest in working on her own, which of the following mi
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<em><u> we produce the goods and services that  people value less</u></em>

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<em><u>Remember, </u></em> an inefficient activity is one that<em> fails</em> to achieve maximum productivity with minimum wasted effort.

Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing<em> laptops.</em> However, it later determined that the allocated resources were inefficient since most consumers according to a  survey now prefer <em>tablet</em> <em>computers. </em>The company received low sales volume as result.

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