A variable cost in total
A) increases as output increases
B) remains constant at all levels of output
C) is the benefit given up when one alternative is chosen over another
D) decreases as output increases
A
You might also like to view...
What budget approach requires organizations to justify their budgets from the ground up?
A. zero-based B. cost center C. incremental D. use-it-or-lose-it
If the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso-dollar exchange rate almost constant, which of the following would be true?
A. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive. B. The high inflation rate in Mexico would mean that its products would cost less overall. C. Mexican products would be less expensive, while U.S.-made products would become comparatively more expensive. D. The high inflation rate in Mexico would increase its citizens' purchasing power. E. U.S.-made products would become less attractive to purchase.
Discount on Bonds Payable is additional Interest Expense of the company that issues the bond
Indicate whether the statement is true or false
Richard Florida's creativity index includes all of the following EXCEPT:
a. patents per capita. b. creative class share of the workforce. c. high-tech industry. d. coffee shops per capita.