A fixed cost is option(c) i.e, any cost that a firm would incur even if the output was zero.
<h3>What is
a fixed cost?</h3>
Fixed costs typically refer to expenses that are calculated based on time rather than the volume of goods or services that your company produces or sells. Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs. There are some taxes that are fixed costs as well, such as company licenses.
The fact that fixed costs are simple to budget is their biggest advantage. These prices are predictable throughout the course of each month, so you won't need to adjust your spending plan in the event that production surges.
The whole fixed cost will be provided by Adding up your variable costs and dividing by the number of units you generated to get your total cost of production.
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Answer:
D. It will have to give up production and consumption of some other good.
Explanation:
In the absence of employment in economy the only option available is D because an individual will have limited resources. It will have to give up production and consumption of some other goods. Limited resources will not allow to increase output without giving up another good, to advanced the technology and increase in resources supplies.
Answer: Option D
Explanation: In simple words, customer to customer market refers to the exchange of commodities between two consumers. Similarly customer to customer electronic commerce refers to the interaction of two consumers for the purpose of sale and purchase transaction through a third party which has a virtual presence.
In the fourth option, Marty and Lobsang both are individuals and made their transaction on a electronic sight.
Hence the correct option is D.
Answer:
A) Emily must have permission from her parents in order to furnish the information to the website.
Explanation:
If Emily's parents provide parental permission, then she can furnish the information to the website as allowed by the Children's Online Privacy Protection Act.
Option B is wrong because the Children's Online Privacy Protection Act allows websites from collecting information from Emily if parental permission exists.
Option C is wrong because Section 5 of the FTC Act deals with unfair and deceptive practices that affect commerce, not online privacy.
Option D is wrong because the Electronic Communications Privacy Act protects the privacy of electronic communications (e.g. emails, phone calls).
E. 22.5 percent should be the answer