Answer:
Explanation:
Given
Required
Fraction of his age where he sold cars.
So, first we need to calculate the duration which he sold cars.
This means that he sold cars for 20 years.
To solve further, we'll assume that his current age is 43.
So, the fraction of his age is:
Substitute values for Duration and Current Age
Answer:
the mission of the federal deposit insurance corporation is to maintain and public confidence in the nation's financial system
Answer:
Correct answer is D, Unit variable cost remains and unit fixed cost decrease
Explanation:
The relationship between sales volume and unit fixed cost is<em> </em><em>inverse</em>. Which means, the larger the volume increase of sales, the smaller the unit cost fixed cost in the period. No matter how much is the increase in sales, the total fixed cost REMAINS, that is why it affects only on per unit cost. VARIABLE UNIT COST on the other hand, is constant and will never be affected on the increase in sales volume. The relationship between total variable cost and sales is <em>directly proportional</em>.
Explanation:
To describe about the types of discount, let us understand the purpose of discount.
Discount can occur in any "distribution channel". This can,
- To attract, retain and get customers
- short term sales
- to move-out-of-stock etc.
Types of discounts:
You can call in simple,
1. Trade discount 2. Quantity discount 3. Cash discount
I am giving you detail discounts down.
- Dealing with trade
- Discount card
- Coupons
- Dealing with quantity
- Trade-in credit
- Rebate
Answer:
A. There is a tax rate at which tax revenues are maximized.
Explanation:
By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:
- with an optimal tax rate government maximizes total tax revenues
- there is no tax revenue collection at the two extreme tax rates of 0% and 100%
- at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.
