All are assumed except <u>A. Total variable costs remain the same over the relevant range.</u>
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Cost-volume-profit analysis examines how changes in cost in volume affect income. Variable costs are ones that go up and down depending on production levels, so it would not make sense to assume that variable costs stayed the same over the relevant range.
Answer:
2. have increased at about the same rate as increases in output per worker.
Explanation:
According to neoclassical economic theory (or mainstream economic theory), real wages should be equal to the marginal product of labor. The marginal product of labor is the amount of extra output from one extra unit of labor.
In other words, the marginal productivity of labor measures the extra quantity of goods produced by one additional worker.
In recent decades however, a gap between labor productivity and real wages has been widening, which is concerning because this is one of many factors behind the increasing income and wealth inequality in the U.S.
In many large U.S. cities, taxicabs operate as near monopolies because of licenses.
A monopoly is a scenario in which there's a single vendor inside the marketplace. In conventional financial analysis, the monopoly case is taken because of the polar opposite of ideal opposition. by way of definition, the call for the curve facing the monopolist is the industry call for the curve which is downward sloping.
A franchised monopoly refers to an enterprise, or man or woman, that is sheltered from opposition by way of distinctive features of a distinct license or patent granted by means of the authorities because the government believes it to be a useful component of the financial system.
A monopoly is a firm that is the sole supplier of its product, and wherein there aren't any near substitutes. An unregulated monopoly has marketplace strength and might affect costs. Examples: Microsoft and windows, DeBeers and diamonds, your nearby natural gas employer.
Learn more about monopolies here brainly.com/question/13113415
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Answer:
Results are below.
Explanation:
Giving the following information:
Blanc Company:
Sles= 510,000
Variable costs= 306,000
Noir Company
Sales= $510,000
Variable costs= 255,000
<u>To calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= (sales - variable cost) / sales
Blanc:
contribution margin ratio= (510,000 - 306,000)/510,000
contribution margin ratio= 0.4
Noir:
contribution margin ratio= (510,000 - 255,000) / 510,000
contribution margin ratio= 0.5