*NURSING > QUESTIONS & ANSWERS > Managerial Economics & Globali (A GUARANEED) (All)

Managerial Economics & Globali (A GUARANEED)

Document Content and Description Below

Managerial Economics & Globali (A GUARANEED) Evidence from empirical studies of long-run cost-output relationships lends support to the: Selected Answer: hypothesis that total costs increase linea... rly over some considerable range of output examined Correct Answer: hypothesis that total costs increase linearly over some considerable range of output examined • Question 2 4 out of 4 points Which of the following is not an assumption of the linear breakeven model: Selected Answer: decreasing variable cost per unit Correct Answer: decreasing variable cost per unit • Question 3 4 out of 4 points George Webb Restaurant collects on the average $5 per customer at its breakfast & lunch diner. Its variable cost per customer averages $3, and its annual fixed cost is $40,000. If George Webb wants to make a profit of $20,000 per year at the diner, it will have to serve__________ customers per year. Selected Answer: 30,000 customers Correct Answer: 30,000 customers• Question 4 4 out of 4 points In the linear breakeven model, the difference between selling price per unit and variable cost per unit is referred to as: Selected Answer: contribution margin per unit Correct Answer: contribution margin per unit • Question 5 4 out of 4 points In a study of banking by asset size over time, we can find which asset sizes are tending to become more prominent. The size that is becoming more predominant is presumed to be least cost. This is called: [Show More]

Last updated: 2 years ago

Preview 1 out of 7 pages

Buy Now

Instant download

We Accept:

We Accept
document-preview

Buy this document to get the full access instantly

Instant Download Access after purchase

Buy Now

Instant download

We Accept:

We Accept

Reviews( 0 )

$5.00

Buy Now

We Accept:

We Accept

Instant download

Can't find what you want? Try our AI powered Search

71
0

Document information


Connected school, study & course


About the document


Uploaded On

Jul 20, 2021

Number of pages

7

Written in

Seller


seller-icon
examdomain

Member since 5 years

11 Documents Sold

Reviews Received
2
2
2
0
0
Additional information

This document has been written for:

Uploaded

Jul 20, 2021

Downloads

 0

Views

 71

Document Keyword Tags


$5.00
What is Scholarfriends

In Scholarfriends, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 FAQ
 Questions? Leave a message!

Follow us on
 Twitter

Copyright © Scholarfriends · High quality services·