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ValentinkaMS [17]
3 years ago
15

. Bill owns "Bill's Home of Blues" a store that specializes in selling CDs and DVDs of blues musicians of the 1960s and 1970s. B

ill took out a loan from his bank to pay for his store and its initial inventory. Bill pays the bank $900 per week for his loan. The $900 bank payment A) is a long-run implicit cost. B) is a fixed cost. C) is a short-run implicit cost. D) is a variable cost.
Business
1 answer:
Maurinko [17]3 years ago
8 0

Answer:

B) is a fixed cost

Explanation:

According to my research on the process of loan repayments we can say that the $900 weekly payment is a fixed cost. This is because the $900 payment is the same amount every week and does not change until the initial loan plus the interest is payed in full. This would not be the case if the payment amount is different every week.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Mike has one hour to spend at the gym where he will jog, play handball and cycle. jogging uses 10 calories per minute, handball
slega [8]
Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling

Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60

Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x                 (1)

Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580          (2)

Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10

Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.

4 0
4 years ago
Credit for a set amount, such as the cost of a refrigerator, that is paid off in a set period of time is called
sineoko [7]

Answer:

The correct answer is installment credit

Explanation:

Installment credit is a credit that involves paying a specific amount of the total credit taken in a particular period till the total credit amount is paid off.

For instance,if a consumer buys a refrigerator on credit ,that is without paying cash immediately instead giving the grace by the seller to pay for the gadget over a period of twelve months by paying $200 a month until the 12th month when total amount owed would have been paid

7 0
3 years ago
What does the region between the lines to the left of the​ break-even point​ represent? A. The number of riding mowers that must
JulsSmile [24]

Answer:

B. The loss when x riding mowers are manufactured.

Explanation:

The Left shade of the break-even point​ on the Cost Volume Profit (CVP) Chart, shows the Loss incurred. This is because the Total Revenue Line is below the Total Cost Line(Fixed Costs + Variable Cost). So any number of units manufactured in this area provides a loss.

7 0
3 years ago
Any suggestions on a good movie?
Lemur [1.5K]
Lol umm fist fight hope this helps
8 0
3 years ago
Read 2 more answers
Keene, Inc. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to mak
kodGreya [7K]

Answer:

The break even level of units per month fall by 16 units.

Explanation:

The current breakeven units per month are,

Break even in units = 5600 / (20 - 6)  

Break even in units-March = 400 Units

The fixed costs remain constant in the short run to a certain activity level so assuming that the fixed costs will remain $5600.

The new variable costs will be 6 * 0.9 = $5.4

Assuming everything else remains constant,

The new break even in units per month = 5600 / (20 - 5.4)

New break even in units = 383.56 rounded off to 384 units

As a result of decrease in the variable cost per units, the new break even point becomes 16 units less than the previous one.

4 0
3 years ago
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