Which of the following would be classified as a fixed cost?
a. fabric for use in quilts to be produced
b. straight-line depreciation on production equipment
c. pepperoni used in making pizzas
d. copy lease payment of $500 per month plus $0.01 per copy
b
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A rise in the real interest rate, everything else remaining unchanged, will cause household investment in housing to
A. decline. B. not change. C. rise. D. rise at first, then decline later.
Which type of questions allow salespeople to understand facts or explore the buyer's present state of affairs?
What will be an ideal response?
When a company collects the face value of a long-term investment in bonds at maturity, ________.
A) total assets and equity of the firm remains unchanged B) both assets and liabilities of the firm increase C) both assets and equity of the firm increase D) liabilities decrease and equity increases
In a(n) ________ structure, there are many small sellers, each having similar products, and each unable to have a significant impact on the quality, price, or supply of a product
A) monopoly B) oligopoly C) monopolistic competition D) perfect competition E) natural competition