Answer:
Variable costs
Explanation:
Variable costs are those that vary with the level of activity of the company. For example, raw materials are a variable cost. If you sell 10 units at $1 per unit, the variable cost is $10. If you sell 15 units it's $15. Fixed cost remains the same regardless of the number of units sold.
It is defined as the country's state on how it handles its activities such as money supply, resource allocation, and production and distribution of services to ensures human wants and needs have been met. Furthermore, the basic economic systems include traditional, mixed, market and command economy.
Equilibrium price will increase and quantity will decrease will be the resulting change in the equilibrium of the chocolate bar market.
The equilibrium charge is the rate at which the amount demanded equals the amount supplied. It's far decided through the intersection of the demand and deliver curves. A surplus exists if the amount of an excellent or carrier provided exceeds the amount demanded on the contemporary charge; it causes downward strain on the charge.
Equilibrium is the nation wherein market supply calls for balance every other, and as a result, costs come to be strong. Typically, an over-supply of goods or services causes expenses to move down, which results in a higher call for—while an underneath-deliver or shortage causes fees to head up resulting in less demand.
Upward shifts inside the supply and demand curves have an effect on the equilibrium rate and amount. If the deliver curve shifts upward, meaning deliver decreases however demand holds constant, the equilibrium rate will increase but the quantity falls.
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Answer:
12 years
Explanation:
The chilled water system lasts for in line with the building. To calculate break even useful life of chilled water we assume no salvage value. The company uses MARR of 6% . The conventional system costs $52,000 and annual operating cost is $15,000. We can calculated the useful life by adding the system cost and its operating cost with multiplying minimum acceptable rate of return.
$52,000 * A/P (6%, 10) + $15,000 = 12 years.
