Daisy incurs $7,200 per month in fixed costs operating her floral shop. She pays her employees $9.00 per hour and has three assistants, each working 120 hours per month. Her other variable costs are $800 per month. What are Daisy's total variable costs and total costs each month?
a. Total variable costs are $800; total costs are $8,000.
b. Total variable costs are $800; total costs are $11,240.
c. Total variable costs are $3,240; total costs are $11,240.
d. Total variable costs are $4,040; total costs are $11,240.
Ans: d. Total variable costs are $4,040; total costs are $11,240.
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constant. A) increase from 0.15 to 0.33 B) increase from 0.54 to 0.67 C) decrease from 0.73 to 0.71 D) decrease from 1.67 to 1.54
Which of the following is correct?
a. The labor-force participation rate of women has increased in part due to smaller families. b. The labor-force participation rate of men has decreased in part due to men retiring younger and living longer. c. Both a and b are correct. d. Neither a nor b is correct.
Money is destroyed when:
A. loans are made. B. loans are repaid. C. checks written on one bank are deposited in another bank. D. the net worth of the banking system declines.
The act of offering two or more products for sale as a set is called
A) bundling. B) versioning. C) tie-in sales. D) branding.