The cost of advertising is part of the firm's variable cost and if advertising enables the firm to sell a greater output, its average total cost does not change.
Variable costs are dependent on the production output and sales. The variable cost of production is a constant amount per unit produced.
As the volume of production and output increases, variable costs will also increase. Alternatively, when fewer products are produced, the variable costs associated with production will consequently decrease.
Different examples of variable costs are sales commissions, cost of raw material, direct labor costs, used in production, and utility costs.
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Answer: 9.6%
Explanation:
Expected rate of return on the stock will change by beta times the unanticipated
change in the market return:
1.2 ( .08 - .10) = -2.4%
• Therefore, the expected rate of return on the stock should be revised to:
.12 - .024 = 9.6%
In economics, short run is time frame in which the quantities of quantities of some factors of production are fixed; and long run is period of time in which quantities of all the factors of production that can be varied.
<h3>
What is production?</h3>
Production is the process of mixing several inputs, both material (like metal, wood, glass, or polymers) and immaterial (like plans, or information) in order to produce output. A valuable good or service that enhances people's utility will be this output's ideal form. Production theory is the branch of economics that focuses on production; it is closely tied to the consumption theory of the economy. Utilizing the first inputs productively leads directly to the manufacturing process and results. Land, labor, and capital are regarded as the three major production components and are known as primary producer commodities or services. These essential ingredients do not substantially change during the output process or turn into a complete part of the final product.
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Answer:
She should have the laid off employees sign a non-disparagement agreement
Explanation:
Answer:
The correct answer is d. property could bring prestige, and prestige could bring property.
Explanation:
The textual definition of Weber is the following: "The set of probabilities is inherited property appropriated by an individual or a community or a society; being free property in the event that it is disposable" (Weber, 1922: 36)
.
The "stratum" is the conglomerate of individuals who occupy a similar position in the hierarchy of prestige of a society. These men have a very weak and relative community of culture and gender of life and can hardly become the support of a common conscience and action. The "class" is instead a totality, a group, which is characterized above all by conscience, will and action (organization, party)
