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dezoksy [38]
3 years ago
12

Suppose Bev's Bags makes two kinds of handbags—large and small. Bev rents an industrial space where she keeps the fabric, the in

dustrial sewing machine, her measuring board and cutting shears, extra needles, thread and buttons, and labels. If Bev were to produce no bags, which of the following is true regarding Bev's costs?
a. The fixed cost of thread would stay the same.

b. The variable cost of cutting shears would drop to zero.

c. All are correct.

d. The variable cost of fabric would drop to zero.
Business
1 answer:
Oksanka [162]3 years ago
8 0

Answer:

c. All are correct.

Explanation:

Variable costs depend on the number of units produced, if production drops to zero, all associated variable costs also drop to zero; options b and d are correct.

Fixed cost remain the same with changes in the production volume. Therefore, even if Bev's Bags produced no bags, fixed cost of thread would stay the same; option a is correct.

Therefore, all are correct.

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A country with a relatively low level of real GDP per person is considering adopting two policies to promote economic growth.The
Tomtit [17]

Answer:

The correct answer is: neither the first nor the second would promote growth.

Explanation:

A country with a relatively low level of real GDP per person is considering adopting two policies to promote economic growth.The first is to increase barriers to trade.The second is to restrict foreign portfolio investment.Which of these policies would most economist think would promote growth

One of the main statistical indicators used to measure the economic evolution of a country is the Gross Domestic Product (GDP). In the macroeconomic analysis of any State, the interpretation of this value is essential to know the degree of economic development and its trends.

The weak growth of productivity in many advanced and emerging market economies after the international financial crisis is raising concerns about growth prospects. A new study indicates that reducing barriers to international trade and foreign direct investment (FDI) could stimulate productivity and output.

The entry of portfolio investment into the country is associated with the yield and risk differentials of the country abroad. This means that a change in the perception of country risk is not necessary. Rather, they need to change in relation to existing alternatives in other countries. Therefore, significant movements in this area do not necessarily reflect a change in the state of the country's economy, however, they can have important repercussions on the exchange rate and other fundamental variables of the financial markets.

7 0
4 years ago
If the amount of effort and attention to products varies substantially throughout a company's various manufacturing operations,
kvasek [131]

Answer:

Departmental overhead rates

Explanation:

The company should consider the use of departmental overhead rate, if the amount of effort and attention to products varies substantially throughout the company's various manufacturing operations. This is because its helps in providing flexibility to every department of company shall conclude which department incurred high overhead in a particular period and particular process.

4 0
3 years ago
James, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm’s office. He contacts a sales repr
Reptile [31]

Answer:

a. Retailer

Explanation:

Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business "

Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019

8 0
3 years ago
A customer wishes to invest in real estate, believing that current market prices are depressed and that they are ready for a maj
marissa [1.9K]

Answer: Real Estate Investment Trust

Explanation:

The options are:

A Real Estate Limited Partnership

B. Real Estate General Partnership

C. Real Estate Investment Trust

D. Real Estate Time Share

From the options given, the real estate investment trust is the only liquid investment. It is identical to a closed-end fund because its shares are being listed and traded just like every other stock.

It should be noted that for both Real Estate Limited Partnerships and the Real Estate General Partnerships, there is no trading market for them as they're highly liquid while the Real Estate Time Shares are vacation product and not investment.

5 0
3 years ago
How much money would you have to invest today, at an interest rate of 5% in order to reach your goal of $1,000,000 in 30 years?
kykrilka [37]
1.000.000 = X+(1+0.05x30)

If you invest $ 231.500 for 30 years with an yearly interest rate of 5% and you don't contribute extra money to the investment over this 30 yrs period you will have at the end $ 1.000.000 officially becoming a millionaire!
6 0
3 years ago
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