What is the difference between fixed cost and variable cost? does each type of cost affect short-run marginal cost? if yes, explain how each affects marginal cost. if no, explain why each does or does not affect marginal cost.

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Answer 1

Fixed costs do not affect the marginal cost of production since they do not typically vary with additional units. Variable costs, however, tend to increase with expanded capacity, adding to marginal cost due to the law of diminishing marginal returns.

What is Fixed costs?

Fixed costs, also known as indirect costs or overhead costs in accounting and economics, are corporate expenses that are independent of the volume of goods or services generated by the business. They are usually recurrent, such as monthly interest or rent. These expenses are frequently capital expenses.

A fixed expense is essentially a 'necessity.' Tuition, accommodation and board, as well as your car payment (if you have one), car insurance premiums (if you have a car), wireless plan, and internet connection, will be your major fixed expenses in college.

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Related Questions

In the context of internet marketing research issues, the marketing research association (mra) suggests that _____.

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Answer:

websites post a privacy policy to describe the ways in which data are used.

Explanation:

In the context of internet marketing research issues, the marketing research association (MRA) suggests that websites post a privacy policy to describe the ways in which data are used.

Online marketing, also known as internet marketing or web advertising, is a form of marketing that uses the internet to deliver promotional messages to customers through digital channels such as search engines, email, websites, and social media.

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In the context of internet marketing research issues, the marketing research association (mra) suggests that website post a privacy policy to describe the way.

In terms of privacy legislation, a privacy policy is a declaration or legal document that outlines how a party collects, uses, discloses, and maintains customer or client data. Personal information includes anything that can be used to identify a specific person, including but not limited to that person's name, address, date of birth, marital status, contact information, ID issue and expiration date, financial records, credit information, medical history, place of travel, and intentions to purchase goods and services. Obtaining a free privacy policy just takes a few minutes.

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An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with?

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An insurance company needs to obtain personal information from third part concerning an applicant which law do all insurers and their producers need to comply with Fair credit reporting act.

The Fair Credit Reporting Act, of U.S.A. is that  allows customers the right to get knowledge on the substance, nature and sources of information collected on him and if already have any corrected information on him  gets re-investigated.

The Fair Credit Reporting Act (FCRA) is a that  federal law which regulates the collection of consumers' credit information and access to their credit reports also.

It was passed in 1970 to address the  accuracy, fairness and privacy of the personal information contained in the files of the credit reporting agencies.

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_______________ is the money a company generates through the sale of products and services.

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Revenue is the money a company generates through the sale of products and services.

What is Revenue?

The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.

The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.

Revenue account types

Sales.Rental income.Dividend income.Interest income.

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When all or a portion of an account receivable is determined to be uncollectible, what occurs?

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Account receivable is reduced

Allowance account is reduced

What are uncollectible accounts receivable?

The portion of credit sales in accounts receivable that the business does not anticipate collecting from a customer is referred to as uncollectible accounts receivable. On a company's balance sheet, accounts receivable are valued using the concept of uncollectible accounts.

How are uncollectible accounts recorded?

According to the allowance approach, a debit is made to Allowance for Uncollectible Accounts and a credit is made to both Accounts Receivable and the customer's account in the subsidiary ledger when an account proves to be uncollectible.

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The ____ method of the linkedcollection class places the new element at the beginning (head position) of the underlying linked list.

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The add method of the linked collection class places the new elements at the beginning of the underlying linked list.

The set adds () function adds the detail only if the desired element isn't always already gift inside the set else the feature goes back to false if the element is already present within the Set. Syntax: boolean add(E element) where E is the kind of element maintained by this Set collection.

To add a method to a class in Java keep in mind that the dot ( . ) is used to get entry to the object's attributes and methods. to call a method in Java, write the method name accompanied by way of a set of parentheses (), accompanied with the aid of a semicolon ( ; ). a class should have an identical filename ( main and main).

Add an element to a group is achieved through the add() approach. Right here is an instance of adding an element to a Java series : String anElement = "an element"; collection collection = new HashSet(); boolean didCollectionChange = collection. add(anElement).

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Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ ________ at their disposal.

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They have many potential Entry Modes at their disposal.

What is Entry Mode?

Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.

Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:

The level of danger they pose.Control and dedication to the resources required.The promised return on investment

Therefore, Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ Entry Modes at their disposal.

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The risk for firms that follow the unrelated diversification strategy in developed economies is that:_____.

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The risk for firms that follow the unrelated diversification strategy in developed economies is that During recessions, external investors frequently sell their conglomerate stock. Business risk is the potential for a firm or organization to have lower earnings or failure. A business risk is anything that compromises a company's capacity to meet its financial objectives.

Numerous variables may combine to produce firms risk. Damage from fire, flood, or other natural disasters are a few examples of hazards with uncertainty as their basis. sudden financial loss brought on by a recession or the failure of another company that owes you money.

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The addition to a business firm total costs, that comes from producing one more unit of output, is its:______.

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The addition to a business firm's total costs, that comes from producing one more unit of output, is its Incremental cost.

The incremental cost is the overall fee incurred due to a further unit of the product being produced. The incremental cost is calculated by reading the additional expenses worried inside the manufacturing procedure, consisting of uncooked substances, for one extra unit of production.

An Incremental cost is a value due to additional charges associated with the manufacturing of a further unit or product. The incremental cost is also known as a marginal price, it displays changes that arise to the stability sheet of an agency due to an addition to the unit of manufacturing.

The incremental cost is a decision-making method utilized in an enterprise to decide the real price distinction among alternatives. also called the applicable fee approach, marginal evaluation, or differential analysis, incremental analysis disregards any sunk fee or past cost.

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_____ is a portfolio management technique that considers industry attractiveness and competitive position rather than focusing solely on market growth and market share.

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Operational strategy is a technique that considers industry attractiveness and competitive position rather than focusing solely on market growth and market share.

Portfolio management technique

Portfolio Management (PM) techniques are organized ways of examining at a set of projects or actions or even company units, in order to reach an optimum ratio between risks and returns, stability and development, attractions and liabilities in general, by making the most promising use of usually restricted resources. For example, the portfolio could contain real estate,mutual funds, fixed deposits with banks,  shares, and bonds.

TYPES OF PORTFOLIO MANAGEMENT

Active Portfolio Management.

Passive Portfolio Management.

Discretionary Portfolio Management.

Non-Discretionary Portfolio Management.

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Dividend payments that are the result of liquidation of assets are known as ________ and are taxed as capital gains.

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Dividend payments that are the result of liquidation of assets are known as return of capital and are taxed as capital gains.

When an investor receives a portion of their initial investment that is not seen as income or capital gains from the venture, this is known as a return of capital.

Remember that an investor's adjusted cost basis is lowered by a capital return. Any further return is taxable as a capital gain until the stock's adjusted cost basis is lowered to zero.

When someone invests, they risk their principal (sometimes referred to as the cost basis) in the intention of earning a return. The return of capital occurs when an investor receives their principal.

It's akin to getting your original money back because it isn't regarded taxable because it doesn't include gains (or losses).

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A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.

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The answer is PEGGED EXCHANGE RATE.

The economic stimulus act of 2008 and the american recovery and reinvestment act of 2009 are both examples of ________ policy.

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The Economic Stimulus Act of 2008 and the American recovery and reinvestment act of 2009 are both examples of expansionary fiscal policy.

The Economic Stimulus Act of 2008 contained multiple provisions in order to boost the economy in the wake of the Great Recession. This Act mostly focused on taxes.

The American Recovery and Reinvestment Act of 2009 was signed by President Obama. It was an unprecedented action to stimulate the economy. It also included measures to modernize America's energy and communication infrastructure.

Expansionary fiscal policy is when the government in the economy increases the money supply using budgetary instruments to either raise spending or cut taxes.

Hence, these two Acts are examples of expansionary fiscal policy.

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A business would want to concentrate its production facilities in a centralized location when:______.

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A company wants to concentrate its production facilities in one centralized location when it wants to reduce production time, increase quality control, and increase machinery utilization.

What is production in a centralized location?

It corresponds to a strategy to increase production efficiency, through faster production, increasing the flow and sharing of production resources, the use of equipment, generating economies of scale and greater production efficiency.

Generally, a production in a centralized location helps to maintain the efficient service of a constant local demand, because the centralization contributes to the optimization of productivity.

Therefore, centralized production increases product quality, market assessment, compliance with legal requirements and cost reduction.

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What solutions are provided in the reading to keep los angeles a top competitor on the global market?

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The solutions that are provided in the reading to keep Los Angeles a top competitor on the global market are by employing a strong strategy, understanding local labor laws, and focusing on to speed market.

When a global market is competitive, businesses will have greater incentives to lower prices, to improve the quality of their products and services, and to provide buyers with more options. Being globally competitive today requires developing global competence.

In order to keep Los Angeles as a top competitor on the global market some solutions were provided which are, using partnerships to drive efficiency, employing a strong strategy, being innovative, and placing a plan for growth.

Hence, the answer is given and explained above.

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Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the profit consequences of the change

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General Motors company  have embraced many of the competitive price decisions. For instance , a simple pricing strategy.

Simple pricing strategy approach involves setting  of prices which  depends upon what your rival companies are offering as well as maintaining the quality of the products and services  offered by you.

In this case, you should increase the number of sales by initiating different types of discounts.

This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.

Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.

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Why would a company’s manager be concerned about the quantity of its purchases returns if its suppliers allow unlimited returns?

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The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.

Is cost of sales an expense?

Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.

COGS counts as a business expense and affects how much profit a company makes on its products.

What are the depreciation expense?

Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.

This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.

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What is the coordinating mechanism in a market system?
a. competition
b. prices
c. governing board
d. supply

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The correct answer is OPTION B, Prices, which is the coordinating mechanism in a market system.

Coordinating mechanism brings buyers and sellers into contact, in case of market system , Price, or the amount that a product sells for per unit, is the fundamental coordinating mechanism in a free market system. Price indicates the amount that society is ready to pay for a good or service. The expenses of the many inputs used in production are what ultimately determine how much a product will cost. As a result, prices act as a coordinating mechanism for a laissez-faire economy.

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If your risk aversion index a = 4, what is your optimal allocation between risky asset p ( ) and risk-free asset (1- )?

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10.82 is your optimal allocation between risky asset p ( ) and risk-free asset (1- ).

Expected return & Return X Probability.

:. Expected return of fund "A" B #x05+ (-5X0·3) + 20x⋅ 2 => 6 25x.5+ 10x 3+ (-25x-2)510-s LA L

Calculation of standard deviation, and correlations

1X0.5 +121X0·3+ 196X-2 872

√210.25x0.540.25x0.3 +1260.25x0·2 18.90

Co-variance. = 14.5x0.5 +5.5x0·3+ (-497×0.2) -90.5

Co-relation=-90.5 -0.55

8.72×18.90

with the use of the given formula given. Calculation of weight: -

W₁ = (6-4.25) (18.90)² - [ 10.5-4.25x1-90·5)

(6-4.25) (18.90)²+ 10.5-4.25]($.72)²=-(6-4-25+1015-4:25] × (90·5)

625-1175 + 565.625

5) 1190.7425 = 0.65 1824.3575

625.1175+ 475.24+724

1-0.65 0.35 A

7.5757 • Expected return of portfolio = 6x0.65 +10.5x0.35

Standard deviation (r) of portfolio - 18-72x0.65) + (18 · 9X8:35) 72 (8-72X0·65) (8·4x0-35 x0.55

7

10.82.

A risky asset is an asset that involves some risk. Risky assets generally refer to assets with high price volatility, such as Examples: Stocks, Commodities, High Yield Bonds, Real Estate, and Currencies.

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An engineer is planning to build a new wing for a hospital. His team is currently figuring out the best type of doors to use in the corridors. If you were on the team, what would you recommend

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The recommendation for an engineer who is planning to build a new wing for a hospital, regarding the best type of door to use in the corridors, would be the installation of doors with super damped hydraulic springs.

What are the main characteristics of an engineer?

This professional is essential to determine the progress of a project, being the professional responsible for designing, managing and executing a project such as the construction of a new wing for a hospital, in which the needs of the site and the solution of problems for that the work is effective.

Therefore, a good engineer, in addition to managing the work, will be responsible for directing his team, instituting a safe schedule, resources and conflict mediation so that the work takes place properly, safely and as planned.

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Systems that deny the entry or exit of specific ip addresses, products, internet domains, and other communication restrictions are said to employ a(n):__________.

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Systems that deny the entry or exit of specific ip addresses, products, internet domains, and other communication restrictions are said to be blacklisted.

Search engines employ domain blacklists to distinguish between legal and fraudulent websites. Search engines don't have to list websites that are discovered to be contaminated with malware and viruses thanks to domain blacklists. The search engines employ these blacklists to stop websites that have been identified as being infested with malware and viruses from rising to the top of the search results. Because many websites are unaware that they have spyware or viruses on their website, search engines are working to get past this issue.

When a domain is blacklisted, it indicates that it has become associated with spam and that its reputation has suffered. A blacklist is a list of blacklisted domains and IP addresses that consumers cannot access directly and that servers use to block emails from such domains.

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If the real interest rate is 6 percent and the price level is falling by a rate of 3 percent, what is the nominal interest rate?

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If the real interest rate is 6 percent and the price level is falling by a rate of 3 percent. The nominal interest rate is 6%.

What is the nominal interest rate?The interest rate before inflation adjustment (as opposed to the real interest rate); or the interest rate "as reported" without accounting for the full impact of compounding (also referred to as the nominal annual rate). If the frequency of compounding (for example, a month) differs from the fundamental time unit in which the nominal rate is expressed, the interest rate is said to be nominal (normally a year).What is interest?The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period the loan, deposit, or borrowing took place.The interest rate over a year is known as the annual interest rate.Other interest rates are applicable over shorter time frames, such as a day or a month, but they are typically annualized.

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Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the?

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Midwest enterprises uses special journals. the company borrowed $10,000 from first state bank. This transaction is recorded in the Cash receipt Journal.

A cash receipts magazine is a specialized accounting journal and it is called the main access book utilized in an accounting system to preserve track of the sales of objects while cash is acquired, with the aid of crediting sales and debiting cash and transactions related to receipts. sales on account are booked rather within the income journal.

Cash receipts journal is considered as the separate part of coins account/cash ebook as it data the cash inflow of the enterprise. The source report of this prime entry book is Receipt.

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What are the two key factors to consider when choosing the best method for producing a product?

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The two factors to consider while choosing the best method for producing a product is the production cost of a particular method of a particular product and the efficiency and effectiveness used in terms of reliability and speed.

Best method for producing a product can considered to know the neccessity of the product in the market,  shipment and lightweight friendly items, items of single function that does not need any further process of a product, product that produce less problems, availability of investments.

Hence, the producer must be aware while producing goods.

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You need to add 65 meq of an electrolyte to a tpn bag. your stock vial contains 8 meq/ml. round to the nearest whole number, to determine how much electrolyte from the stock vial you’ll need?

Answers

8m Eq/ml are present in 1 vial. Consequently, 1 m Eq is prese.

A bottle or a vial?

A vial, often referred to as a phial or flacon, is a tiny glass or plastic container or bottle that is frequently used to store medications in the form of liquids, powders, or capsules.

What kinds of vials exist?

Vials come in a variety of shapes and materials, including glass, plastic, jars, aluminum, and dispenser tubes. Vials come in a variety of forms, including glass, plastic, jars, metal, and dispenser tubes.

What is an illustration of a vial?A vial is an extremely small bottle that typically contains liquids. A vial is a container used in a lab to hold liquid chemicals. a glass container or bottle, especially one with a narrow tube shape used to hold medications, perfumes, or other chemicals.

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Managing a team's ______________ is not a normal task that a manager should involve him or herself.

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Managing a team's cohesiveness is not a normal task that a manager should involve him or herself.

Cohesiveness develops over time out of interpersonal and institution-degree enchantment, via collaboration, and as a result of a feeling of belonging. Cohesive groups communicate greater effectively, result in better member pleasure, and can create efficiency in resource allocation.

Team cohesiveness refers to a group's capacity to effectively work as a whole closer to a commonplace goal. It is also a method that the group's individuals want to make contributions to the crew's capacity to work properly together.

Group brotherly love is the quantity to which organization individuals are attracted to the institution and its dreams. Brotherly love can encompass emotions of interpersonal liking, mission dedication, and group pride.

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Everything else held constant, an autonomous monetary policy easing ________ aggregate ________

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Everything else held constant, an autonomous monetary policy easing increases aggregate demand.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.

The Federal Reserve Bank of the United States carries out a monetary policy through a dual mandate to maximise employment while containing inflation.

Central bankers utilise monetary policy to maintain economic stability and control inflation and unemployment. A declining economy is stimulated by an expansionary monetary policy, and an inflationary economy is slowed by a contractionary monetary policy. The monetary and fiscal policies of a country are frequently in sync.

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Gina purchased a new i-pad as soon as it came onto the market. Gina paid $800 for the product, which she bought the first day it was released. Gina works in Information Technology and is always looking for new electronic products to buy, and writes her own blog with reviews about her favorite high-tech products. According to the Diffusion of Innovations, she would best be described as a(n) ________ consumer:

Answers

Based on the fact that Gina purchased the new I-pad as soon as it was released, the Diffusion of Innovations would best describe her as an Innovator customer.

What is the Diffusion of Innovations?

It is a business principle that separates customers into different types based on when they buy a product that has been released in the market. There are innovators, Early Adopters, Early Majority, Late Majority, and Laggards.

The Innovators are those that buy a product first. As soon as the product hits the market, they will try to get their hands on it.

Most of these people are usually resellers or those who make money from the products in other ways such as reviewing it for viewers and readers. Gina is one such person which means that she is an innovator.

In conclusion, Gina is an innovator.

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With the effective interest method, interest revenue differs between periods.

a. True
b. False

Answers

True because the net note receivable increases over time so the interest revenue differs between periods.

What is a note receivable?

Notes receivable reflect claims for which formal instruments of credit, such as a promissory note, are issued as evidence of obligation. The credit instrument usually compels the debtor to pay interest and lasts for 30 days or more. A note receivable is an asset account linked to an underlying promissory note, which defines the payment arrangements for a purchase between a "payee" (often a firm, and sometimes referred to as a creditor) and the "maker" of the note in writing (usually a customer or employee, and sometimes called a debtor).

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Advertising, personal selling, sales promotion, public relations, and direct marketing are marketing communications alternatives that collectively make up a marketing organization’s:_______.

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Advertising, personal selling, sales promotion, public relations, and direct marketing are marketing communications alternatives that collectively make up a marketing organization’s: Promotional mix.

This is further explained below.

What is a Promotional mix.?

Generally, Individual components of a marketing company's promotional mix include advertising, personal selling, sales promotion, public relations, and direct marketing. Collectively, these marketing communications options are referred to as the "promotional mix."

A form of communication that is carried out for financial gain with the intention of promoting a good, service, or brand is known as an advertisement. Marketers employ advertisements as a tool to assist businesses in accomplishing their goals and growing their revenue. They frequently construct advertisements targeted toward particular categories of potential clients.

In conclusion, A promotional mix is a mixture of several marketing strategies, such as advertising, sales, public relations, and direct marketing, that are used to accomplish a certain marketing objective.

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As long as the federal funds interest rate remains within the corridor, an increase in the quantity of reserves results in a________.

Answers

Assuming that the federal funds rate remains within a corridor, if the quantity of reserves increases, this leads to a lower federal funds rate.

What happens when the quantity of reserves increases?

When the quantity of reserves that a bank holds increases, then there will be less need for it to borrow funds from other banks to make up for any reserve shortfall.

This leads to a drop in the federal funds rate which is the rate at which banks borrow from each other.

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Other Questions
PLEASE HELP:Read the scenario.An ecologist was studying freshwater wetlands across thesoutheastern United States. While studying one wetland, theecologist noticed that native wetland shrubs and trees weredying. The ecologist also observed that young shrubs and treeswere stunted in growth and very sparse. At the same time, theecologist counted new growth in an invasive reed. The ecologistwondered why so many native plants were dying.By reading surveys of the surrounding land, the ecologistlearned that the freshwater wetland bordered a saltmarsh alongthe coast. The ecologist also learned that the invasive reedobserved intruding into the wetland was very common in thenearby saltmarsh. Geological surveys also revealed a gradualincrease in sea level along the coastline and an increase insalinity in the soil.Which question most closely relates to the ecologist'sobservations and collected data?A. What is the average age of trees in the freshwaterwetland?B. How many species of fish live in the freshwaterwetland?C. Are the wetland trees and shrubs dying due to anincrease in soil salinity?D. What kinds of wildlife live in the freshwater wetlandcompared to the saltmarsh? What are the factors that speed up the dilation of the cervix? Brittany decides to go into a veterinary business on her own. this type of control and management is known as a(n)? Given y = [tex]\frac{2x-5}{x^{2} -2}[/tex], find the value of [tex]\frac{dy}{dx}[/tex] at x = 2. Dividing the pre-season into three, 4-week blocks of time is referred to as "periodization." each 4-week block should begin with:_____. Determine the number of nh4 nh4 and co32co32 ions required to form a neutral ionic compound Firms seeking to compete on the basis of cost leadership particularly need support from the __________ and __________ functions Which equation shows the commutative property of addition? 4 3 = 3 4 1(3) = 3 (2 7) 12 = 2 (7 12) 4 0 = 4 ___________________ advertising has the disadvantages of short life span and potential loss of control over placement Please help me with algebra 2 questions! 3-12x4-6xExpression in standard form:Leading Coefficient: The entire graph of the function g is shown in the figure below.Write the domain and range of g using interval notation. How did the federal government use land grants in the west in the 1860s? the government gave them to railroad companies for development. the government relocated indigenous peoples onto reservations. the government withheld land grants until the civil war was over. the government gave land to african americans after the civil war. 5. Mr. Griffin asked the students to form the number eighty-four million, fivehundred thirty thousand, two hundred sixteen. Ben still had the number cardwith the 3. In what place was Ben standing? Show your work in the spacebelow. Remember to check your solution. What was Louisiana like when the arrival of the European explorers and colonists? In march 2010, congress passed ________, substantially altering the nations health care system A cell phone carrier introduced a new strategy to increase their number of subscribers. The function below represents the increase in number of subscribers, where f(t) represents the number of subscribers and represents the time in months The income approach is required by fannie mae for __________ properties, but not for ___________ properties In what ways are you and your peers using these standards in your areas of nursing practice? If the true owner does not come forward and the finder does not wish to claim ownership, title to the property transfers to the state _________