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Nikitich [7]
4 years ago
14

The dollars available from each unit of sales to cover fixe

Business
1 answer:
lbvjy [14]4 years ago
5 0

Answer:

False

Explanation:

Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.

The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.

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Your mum your mum your mum to you too
5 0
3 years ago
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Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its e
Maru [420]

Answer:

The answer is C. Social audit.

Explanation:

To audit means to examine or to inspect. In this light, when an individual is to provide a formal report on a company's code of conduct or procedures in regards to corporate social responsibility, it is considered a social audit. Corporate social responsibility is the accountability that a business has towards society especially from an ethical standpoint. Some elements taken into consideration during a social audit include:

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8 0
3 years ago
Suppose that when the price of gasoline is $3.50 per gallon, the total amount of gasoline purchased in the United States is 6 mi
faltersainse [42]

Answer:

28.6%

Explanation:

7 0
3 years ago
Suppose that when the price per ream of recycled printer paper rises from $4 to $4.50, the quantity demanded falls from 800 to 6
Tju [1.3M]

Answer: The answer is -2.42

Explanation:

P1 = $4 Q1 = 800

P2 = $4.50 Q2 = 600

Using the midpoint formula, we have:

For price:

P2 - P1/(P2 + P1)/2

= 4.5 - 4/(4.5 + 4)/2

= 0.5/4.25

= 0.12

For quantity:

Q2 - Q1/(Q2 + Q1)/2

= 600 - 800/(600 + 800)/2

= -200/700

= -0.29

Price elasticity of demand = change in quantity/change in price

= -0.29/0.12

= -2.42.

7 0
4 years ago
Read 2 more answers
The Central Bank of Wiknam increases the money supply at the same time the Parliament of Wiknam passes a new investment tax cred
tresset_1 [31]

Answer:

a. both the money supply increase and the investment tax credit 

Explanation:

When the Central Bank of Wiknam increases the money supply, it is known as expansionary monetary policy.

When the Parliament of Wiknam passes a new investment tax credit, it is known as expansionary fiscal policy.

A shift in the aggregate demand curve to the right is when aggreagrate demand increases.

When money supply is increased, disposable income increases, consumption increases and aggregate demand increases.

Investment tax credit reduces the amount paid as tax and therefore increases disposable income, consumption increases and aggregate demand increases.

I hope my answer helps you.

3 0
3 years ago
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