Costs that remain constant over a range of production and then abruptly change include:
a. unexpected costs.
b. step-variable costs.
c. semifixed costs.
d. curvilinear costs.
b
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Demographic changes should be monitored by marketing managers because:
A) they may find growth opportunities. B) it might effect a regulatory change. C) it might impact raw materials' prices. D) it might help to reduce production costs
Alex Smith rents storage space to college students who go home for the summer but do not want to haul all of their property home and back
The business is profitable during the summer months, but when the storage space is unoccupied in the off-season, Alex loses money. Which of the following characteristics of service is most likely the source of Alex's problem? A) intangibility B) perishability C) inconsistency D) variability E) inseparability
Management accounting information is only used by manufacturing organizations
Indicate whether the statement is true or false
The promisee is the contracting party who agrees to confer performance for the benefit of the third person
Indicate whether the statement is true or false