If the steps are small, a step-variable cost may be approximated using a Variable cost function without significant loss in accuracy.
<h3>Variable cost function</h3>
- An expense for the company that varies according to how much is produced or sold is called a variable cost.
- Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
- It is a production cost whose level fluctuates in response to shifts in a business's manufacturing activities.
- For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.
- The total variable cost curve depicts the relationship between total variable cost and the volume of output produced graphically.
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True <span>Street Maintenance Mission. The Street maintenance Division of the Public Works Department is responsible for keeping all City streets and alleys in good repair and serviceable condition. With the goal of preserving street surfaces to avoid more costly reconstruction, the Street Maintenance Division uses a variety of ...</span>Missing: oversees true <span>false</span>
Answe and Explanation:
For banks and other financial institutions, the discrepancy between the short-term maturities of their deposits and the long-term maturities of their assets is referred to as _a maturity mismatch___________.
Answer: Other Engineers.
Explanation:
Sam is held responsible for the bridge collapse based on his role as the engineer in charge of the project. As an engineer care has to be taken in making accurate calculations and design to ensure there are no accidents or failure as a result of poor design.
I would be great for this job because, I work well with others and believe in making compromises and working together!
I'm very hands on with most things, I catch on quickly and am willing to do anything it takes to achieve the higher goal.
(Only two i can come up with.)
