Answer:
True
Explanation:
In contract law and civil law, the duty to mitigate damages refers to the duty that the individual responsible for the wrongdoing must carry out to limit the harm or injury caused by him/her. The duty to mitigate applies both for contract breaches and victims or torts.
Management is of three levels. managerial, middle and top level management.
Explanation:
levels of management can be defined as a part of an organization that maintains responsibility for the overall productivity and the work performance of employees.
Managerial or top level management consists of board of directors. It also consists of the board of directors. Executive or middle level management consist of line or department managers and in this level mostly the managers report top the top level management. next lowest level is the operative or supervisory level management.
Thus mostly consists of supervisors, first line managers. It comes under the organisational hierarchy of a company. top management is responsible and controls the entire organisation.
Answer:
E. High manufacturing cost
Explanation:
Export involves the sales of goods and services to another country. It is part of the international trade whereby goods produced in a country are sold to other countries. Just like all business activities, there are risk involved. Risk of exporting is the likelihood that there will be a loss in the sales of goods and services to another country. Various risk factors includes tariff barriers, cost of transportation and so on.
However, high manufacturing cost is not a risk of exporting. High manufacturing cost is the increase in the cost of producing and manufacturing a certain good. When this increases or rather when it's high, the prices of the products manufactured also increases. So there is no potential loss posed by high manufacturing cost.
Answer:
$36 billion
Explanation:
The computation is shown below:
For this question, we use the income approach for calculation the wages i.e shown below:
GDP = Interest payments + profits + rent + wages
$65 billion = $15 billion + $7 billion + $7 billion + wages
$65 million = $29 billion + wages
So, the wages would be
= $65 billion - $29 billion
= $36 billion
Answer:
The correct option is a. the variable cost is $330,750 and fixed cost is $414,000.
Explanation:
For computing the correct figures of variable cost and fixed cost for 21,000 units, first we have to calculate the variable cost per unit.
So,
Variable cost per unit = Total variable cost ÷ Number of units
= $362,250 ÷ 23,000
= $15.75 per unit
SO, variable cost for 21,000 units = Number of units × per unit price
= 21,000 × $15.75
= $330,750
Hence, the variable cost for 21,000 units is $330,750
Since the fixed cost remained fixed whether production level is increased or not. So, fixed cost would be $414,000
Therefore, the correct option is a. the variable cost is $330,750 and fixed cost is $414,000.
