Pipeline costs are predominantly fixed
Indicate whether the statement is true or false
True
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Which of the following statements most accurately explains the behavior of costs?
a. There is no norm; rather, costs can be fixed, variable, or a combination of both. b. The majority of costs are variable per unit of production. c. The majority of costs are fixed per unit of production. d. Costs can be fixed or variable but usually not a combination of both.
Candidates for outsourcing would include
A) custodial services. B) payroll processing. C) information management. D) all of these choices.
Firms with tangible long-term assets and less predictable cash flows, such as auto manufacturers and steel companies, whose sales vary with changes in economic conditions, tend to use
a. a more nearly equal mix of long-term debt and shareholders' equity financing. b. a greater amount of long-term debt [80%] than shareholders' equity financing [20%]. c. a smaller amount of long-term debt [20%] than shareholders' equity financing [80%]. d. a greater amount of long-term debt [80%] than assets [20%]. e. a greater amount of shareholders' equity [80%] than assets [20%].
Marketers seeking to reduce costs and the environmental impact of their activities typically pursue a strategy of ________.
What will be an ideal response?