Answer:
Variable cost per unit= $1.4 per unit
Explanation:
Giving the following information:
Miles Driven Total Cost Miles Driven Total Cost
January: 8,000 $14,120
March: 8,550 $14,979
February: 7,490 $13,495
April: 8,195 $14,490
To calculate the variable cost under the high-low method, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (14,979 - 13,495) / (8,550 - 7,490)
Variable cost per unit= $1.4 per unit
The euro is the common currency across Europe.
New classical economists believe fiscal policy is ineffective because any increase in government spending will cause households to spend less.
A government is a system or group of people that governs an organized community (generally a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Government is the body through which leaders exercise the power to make and enforce laws. The basic functions of government are leadership, maintenance of order, provision of public services, provision of national security, provision of economic security, and provision of economic assistance.
Government is defined as the exercise of control or power over a group of people. An example of a government is the British Parliament.
Learn more about government here:brainly.com/question/1078669
#SPJ4
Answer: Reinvention
Explanation:
The term that indicates that the product is novel to the individual who made it, but known to everyone else is referred to as reinvention.
Reinvention is the action whereby q particular product is changed and that product appears to be a new product entirely.