Answer:
variable costs
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
The interest rate that commercial banks earn from keeping excess reserves at the Fed is A. IORB.
<h3>What is the IORB?</h3>
The full term is, "Interest on Reserve Balances (IORB)" and it is a rate that is paid by the Fed to banks.
This rate is based on the amount of excess reserves that the bank keeps at the Fed to help with its monetary policy.
Find out more on the Interest on Reserve Balances at brainly.com/question/27962333.
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I believe the correct answer is C!
Answer:
D) has sunk costs of $6,000
Explanation:
Sunk cost is a cost which does not effect the financial decision, as this cost has already been incurred, and now it cannot be revoked.
Here maintenance cost is a regular expense which has to be incurred, and its not the cost which has already been incurred, same applies for operating cost.
Two years ago firm had spent $6,000 upgrading the equipment which was incurred earlier and now that cost cannot be revoked, further it will not lay any impact on any of the decisions made by the financial management.
Further amount to be spend of $5,000 has yet to be incurred and the decision to incur such cost can also be avoided, therefore it is not a sunk cost.
In this scenario D) has sunk sunk cost of $6,000
