--%>

Define fixed cost

Fixed cost: Fixed costs refer to cost that remains constant as output modifies. For example: rent

   Related Questions in Microeconomics

  • Q : Boosting minimum wage laws Boosting

    Boosting minimum wage laws from $5 to $8 per hour is LEAST probable to: (w) give some unskilled workers with higher incomes. (x) cause some low-wage workers to lose their jobs. (y) raise friendship like a basis for employment. (z) decrease unemploymen

  • Q : Interest Rate by Holding a Bond When

    When you hold a bond if the interest rate rises, you will: (w) have less money when you sell it. (x) receive more interest income. (y) gain by shifting funds to the stock market. (z) eventually spend more and save more.

    Q : Define revenue deficit Revenue deficit:

    Revenue deficit: Whenever revenue expenses are greater than revenue receipts, it is termed as revenue deficit.

  • Q : Price of a Financial Asset When the

    When the price of a financial asset of price $10,000 and the interest rate is 10 percent, investment is NOT justified for: (w) a perpetuity paying $1,000 annually. (x) an asset paying respectively as $5,000, $4,000, a

  • Q : Define price elasticity of supply with

    The supply curve which would best reflect the supply of 1940 a Packard 180 limousine is as: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (iv) supply curve S4. (v) supply curve S5.

  • Q : Determine income elasticity of demand

    An income elasticity of demand for mass transit of 0.6 implies that the demand for mass transit is/will: (1) a necessity. (2) a luxury. (3) rise at a slower rate than income. (4) fall when income rises. How can I s

  • Q : Define open Market operation Open

    Open Market operation: Open Market operations term to the purchase or sale of government securities in an open market by the central bank of country.

  • Q : GDP In calculating the GDP national

    In calculating the GDP national income accountants

  • Q : Effect of future consumption on

    When households become increasingly willing to defer current consumption in order that they can enjoy greater future consumption, in that case the: (1) interest rate rises. (2) equilibrium investment level rises. (3) present value of

  • Q : When is price elasticity of demand

    The price elasticity of demand is considered as to be inelastic when the computed value is: (w) less than one although greater than zero. (x) greater than zero. (y) one. (z) zero. Hello guys I want your advice. Ple