The franchaiser may supply financing
Some disadvantages of renting a home are not have the freewill to: modify the home, have pets, or allow just anyone to live in said home without the landlord's permission; the renter must abide by the landlord's policies, or s/he may get fined/evicted.
On the other hand, renting provides consumers the benefit of: being able to move out freely after the contract is over, not having to pay for mortgage, not having to permanently commit to the home, and not being obligated to upkeep major maintenance.
Answer:
The correct answer is option C.
Explanation:
The fixed costs are the cost that does not vary with the level of output. It does not vary with the level of activity. The total fixed cost remains constant in the entire production process.
The fixed cost per unit is the ratio of total fixed cost and level of output. It decreases as the output level increases and rises with a decline in activity.
The variable cost is the cost that is incurred on the variable inputs used in the production process. It directly varies with the volume of activity. The total variable cost will increase with the increase of output as more variable inputs are employed.
The variable cost per unit is the cost incurred on each unit of output. It does not change with the level of activity unless there is a change in input prices.
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Answer:
It is a function of Technology
Explanation:
Cost cutting technological innovation is always seen as a new way of maximising profits in production and also minimising the overall cost of production.
This is possible through introduction of policies that take advantage of advancements in technology.
It entails the substitution of a less expensive alternative, developed for a given task, in an essentially unaltered product.
