When someone is looking to hire someone for a job online or on a poster they will add a job description it gives a brief overview of what the job entails
Answer:
Statement B is correct.
Explanation:
High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.
As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.
Thus, Statement B is correct
Answer:
15%
Explanation:
The formula and the calculation of the price elasticity of supply are presented below:
Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)
where,
Price elasticity of supply = 2
And, the percentage change in quantity supplied is 30%
So, the percentage change in price is
= 30% ÷ 2
= 15%
The fourth answer is correct (D).
The savings account is an investment that generates little income. To make long-term investments, there are other options that give a better return.
However, this type of account serves so that the money that will be used in the short term has at least some income. In other words, if the investor is sure that he does not need the liquidity of the money, he can apply in bonds, debentures, shares, etc. If the investor has money that needs to be kept liquid to be used soon, the best option is the savings account.
