A cost that does not depend on the quantity of output produced is called

a. select one:

a. marginal cost.

b. fixed cost.

c. variable cost.

d. average cost.

What will happen when a homeowner renovates an old house and plants a flower garden in the front yard?

In order for a company to achieve a sustainable competitive advantage, it must: a. perform one or more activities in the value chain at the same quality level as its competitors. b. perform at lower quality and higher cost than competitors. c.

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $58,000, and Martin's capital balance $55,000. Hewlett and Martin have agreed to share equally in income or loss.

Assume that you have invested $100,000 in Japanese equities. When purchased the stock's price and the exchange rate were ¥100 and ¥100/$1.00 respectively. At selling time, one year after purchase, they were ¥110 and ¥110/$1.00.

Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, the car wash costs $1, but if she buys 10 gallons of gasoline, the car wash is free.

Daphne handles the payroll and performance appraisals of employees. Which business department does Daphne belong to?

Bonita Industries acquired 21600 shares of its own common stock at $22 per share on February 5, 2020, and sold 10800 of these shares at $29 per share on August 9, 2021.

Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: Operating Expenses Variable Operating Costs $.

Which loan will typically offer the lowest interest rate?

1. A firm in a competitive market has the following cost structure: Output Total Costs 0 $10 1 $12 2 $15 3 $19 4 $24 5 $30 6 $37 7 $46 8 $55 9 $65 If the market price is $8, how many units should the firm produce to maximize profit? a. 5 units b.