Which of the following statements is True
a. As a production increases, the fixed cost per unit will increase.
b. A mixed cost contains elements of both fixed and variable costs.
c. A step cost can shift either upward or downward by certain interval when activity changes.
d. Choices (b) and (c) are both true.
d
You might also like to view...
Most subjects become interesting if ______ the audience.
a. adapted to b. entertaining for c. humorous for d. denied by
Which of these changes would have no effect on which supplier is chosen in the output range of 0 units to 20,000 units?
A) Variable costs fall 10% for all bidders. B) Fixed costs rise 10% for all bidders. C) Companies A and B swap their figures for fixed costs. D) Companies C and D swap their figures for fixed costs.
Boris sky dives out of a plane and gets hung up in a tree, hopelessly suspended and swinging precariously in his parachute from the branches of the tree. Natasha sees that he is in trouble and comes to his rescue. Once Boris is safely on the ground, he gratefully promises to give Natasha half of his life savings. When he changes his mind, Natasha will probably be unsuccessful in enforcing his
promise. a. True b. False Indicate whether the statement is true or false
If Smith works for Jones under an informal arrangement by which there is no contract stating dates for beginning or ending the relationship, Brown Co could induce Smith to quit her job with Jones and come to work for Brown Co without liability to Jones
a. True b. False Indicate whether the statement is true or false