A variable cost is a corporate expenditure that fluctuates in proportion with manufacture output. Variable costs increase or decrease reliant on a company's manufacture volume; they rise as manufacture increases and fall as manufacture decreases.
Cost equation y = vx + f
$500,000 = 125,000x + 240,000
260,000 = 125,000x
$2.08 = x
Answer:
Equilibrium quantity increases; Equilibrium price is indeterminate.
Explanation:
If a new article reports that there are many benefits of exercise, this will increase the demand for exercise bikes and shifts the demand curve rightwards.
At the same time, there is a fall in the price of parts of exercise bikes which reduces the cost of production of exercise bikes. Now, the producer will be able to produce more exercise bikes, so the supply of exercise bikes increases and shifts the supply curve rightwards.
Therefore, there is an increase in the equilibrium quantity of exercise bikes and the impact on equilibrium price is indeterminate because that will be dependent upon the magnitude of the shift of demand and supply curve.
Approximately 0 public use airports in the United States have been sold outright to private ownership.
The U.K. was the first country to fully privatize some of its major airports. Under the Airports Act 1986, the public British Airports Authority ( BAA ) was dissolved and its property, rights, and liabilities were transferred to a new company, BAA plc.
All but one U.S. commercial airport are owned and operated by public entities, including local, regional, or state authorities with the power to issue bonds to finance some of their capital needs. Airports are landlords.
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<span>According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately $ 32,544/Year, <span>whereas</span>,</span><span> those who did not complete high school </span>made approximately $23,664.
Which mean the ones who graduated the high school earned around
$10,000 more than the ones without a high school degree.
Answer: $54,000
Explanation:
Referring to the data regarding store operation given above, difference between cash receipt and cash disbursement for December could be calculated as follows;
December Cash receipt = (340,000*20%+320,000*80%) = 324,000
November Purchases = (340,000 × 75%)+(320,000 × 75% × 60%) - 153,000 = 246,000
December Cash payment = 246,000 +240,000 = 270,000
The difference between cash receipts and cash disbursement for December = 324,000 - 270,000 = 54,000
