Answer: Zero
Explanation: As per the subject matter of cost accounting and economics. Variable cost can be defined as the cost which changes its level with the level of output produced unlike fixed cost which remain constant at all levels.
Electricity bill, raw materials and packaging are some common examples of variable cost.
So from the above explanation we can conclude that if Bev produce no bags there variable cost would be zero.
Answer: C
Explanation: from the given function Y=50-2X, Y is the dependent variable which represent the Viking Hat, while X is the independent variable representing Fish production.
Answer:
Carol is personally liable for her mistake, and not Dave. Carol was negligent while Dave was not negligent.
Explanation:
Limited liability partnerships offer the advantage of being able to structure the business as a general partnership but liability is not shared by the partners. This is very important specially for some specific trades like accounting, medicine, law, engineering, etc., were liability can be a very serious issue that ranges form small fines to hefty lawsuits.
Answer:
B) use the observed data to form a hypothesis about ice cream buying behavior.
Explanation:
The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.
In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.