Fixed cost is: Multiple Choice

usually zero in the short run.

the cost of producing one more unit of capital, for example, machinery.

any cost that does not change when the firm changes its output.

average cost multiplied by the firm's output.

What is business insurable risks

What is the overriding goal of a customer relationship management system? a. to provide greater product options b. to enhance the bond with the customer c. to provide enhanced services to customers d.

frederick taylor believed that management and labor should cooperate and work together to meet goals. he was the first to suggest that the primary functions or managers should be planning and training.

Which statement is false about the circular-flow diagram? A. Money flows in the direction opposite to goods and services and factors of production. B. Money flows from households to firms as households offer factors of production for sale. C.

A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000, Group of answer choices average total cost is $2.50. average fixed cost is 50 cents. average variable cost is $2. average total cost is 50 cents.

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deducted in the current periodB. Tax depreciation for the period exceeds book depreciationC.

1. Expansion will always come with additional expenses True or False 2. Whether the business owner likes the type of business he or she is in is not important True or False 3. Many Franchises require franchisees to pay royalties True or False 4.

In all careers, there are both hard skills and (blank) skills that are important for success.

What is the definition of derived demand? a. consumer demand for a product, stimulated by lack of availability of another product b. demand, due to advertising, for goods and services that are luxuries rather than basic necessities c.

In a competitive market, no single producer can influence the market price because many other sellers are offering a product that is essentially identical. consumers have more influence over the market price than producers do.