Answer:
Fixed Cost Function = Average Cost - Average Variable cost
Explanation:
A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.
Answer:
A employ sustainable business practices with regard to its employees and society.
Explanation:
Since in the question it is mentioned that for helping released prisoners they hired for the entry level jobs, resources are to be provides also at the same time they provides the training & education
So this represents that have business practices that are sustainable in nature with respect to the employees and society
Therefore the correct option is a.
Price ceilings are the highest price that the establishment could sell their products for. In this item, it is given that the maximum price that the establishment could impose is only $90. Price ceilings are developed and are being implemented in order to limit the power of the sellers over products that are very much in demand to the users.
Hence, for this item, the price will have a maximum value of $90, the quantity supplied are relatively lower while the demand grows more and more. Moreover, shortage of the product will happen due to the increased demands.
Answer:
2. business unit
Explanation:
Strategy refers to a future course of action formulated now, for efficient operations and fulfillment of long term goals. It refers to ways and methods a business firm shall employ in the near future.
Strategy at the business level is more concerned with the quality of products and services offered by a business and methods via which good relations can be maintained and strengthened with customers.
Business level strategy is focused upon providing best value to customers so as to increase sales volume and maximize profits, alongside providing customer satisfaction.
Answer: 32
Explanation:
Since each burger cost $6
2 burgers = 6×2 = $12
Each fries cost $3
4 fries = 4×3
= $12
Total cost of his orders = 12+12 =$24
Since is weekly budget is $48
Hence,
48-32 = 8
Since he has 8 utility left. He only has a total order of $ 32
