How does fixed cost per unit behave when volume decreases?
What will be an ideal response?
Answers will vary
Fixed cost per unit increases when volume decreases because the same amount of fixed costs is spread over (allocated to) fewer units.
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Robert was running low on cash and could not buy his Marketing textbook by the first day of class if the bookstore did not accept his credit card. Luckily, the bookstore accepted his VISA card, so the bookstore created ________ utility for Robert.
A. form B. price C. time D. place E. possession
Which of the following need not be disclosed in a statement of cash flows as a noncash exchange?
a. Dividend paid in capital stock of the company (stock dividend). b. Acquisition of fixed assets in exchange for capital stock c. Retirement of a bond issue through the issuance of another bond issue d. Conversion of convertible debt to capital stock
How do selective perception, selective exposure, selective comprehension, and selective retention differ?
What will be an ideal response?
In 2013, _____million people lived in poverty in the United States.
a. 5.7 million b. 10 million c. 37 million d. 45.3 million