If output increases
A) per-unit fixed cost will decrease
B) total variable costs will increase
C) total mixed costs will increase
D) all of the answers are correct
D
You might also like to view...
The rationale behind place advertising is that marketers are better off reaching people where they work, play, and shop
Indicate whether the statement is true or false
Which of the following is included in the internal control procedure—documents?
A) Mandatory vacations will improve internal control. B) Separate the custody of assets from accounting. C) The invoices and orders must be pre-numbered. D) A company should purchase a fireproof vault to protect legal documents.
Reba orders a pair of custom-made cowboy boots, C.O.D. from Home on the Range Western Wear. When the boots arrive, Reba pays the carrier for the boots, then opens the package, only to discover that the boots are the wrong snake skin color and three sizes too big. At this point:
a. she is entitled to inspect the goods after payment (due to the C.O.D. terms) and she can reject the boots because they are nonconforming. b. Reba cannot revoke the acceptance, because the wrong color and size of the boots are not substantial impairments. c. Home on the Range can allege that Reba did not conduct a proper inspection; therefore, though Home on the Range must cure, Reba is obligated to pay for the return of the incorrect boots and the shipment of replacement boots. d. None of the above.
Under common law, a contract is formed when the notice of acceptance has been sent by the mode required by the other party under the mailbox rule
Indicate whether the statement is true or false