If a business’s fixed costs are large relative to its variable costs, it is likely to
Question
Updated 5/2/2018 1:55:32 PM
Flagged by emdjay23 [5/2/2018 1:55:32 PM]
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User: If a business’s fixed costs are large relative to its variable costs, it is likely to

Question
Updated 5/2/2018 1:55:32 PM
Flagged by emdjay23 [5/2/2018 1:55:32 PM]
Rating
8
If a business's fixed costs are large relative to its variable costs, it is likely to operate longer hours than a firm whose fixed costs are small relative to variable costs.
Confirmed by Masamune [5/3/2018 9:27:52 AM]

Questions asked by the same visitor
definition of variable cost
Question
Updated 9/30/2017 2:05:40 PM
Variable costs are costs that change in proportion to the good or service that a business produces.
Confirmed by jeifunk [9/30/2017 2:05:41 PM]
Demand is based on consumer purchase, whereas supply is based on A. producers offering products for sale. B. offering a wide range of prices. C. the willingness to purchase. D. the ability to purchase.
Question
Updated 9/22/2017 7:35:37 AM
Demand is based on consumer purchase, whereas supply is based on producers offering products for sale.
Confirmed by jeifunk [9/22/2017 9:46:28 AM]
Profit is maximized when marginal cost is equal to marginal revenue. True or False.
Question
Updated 1/11/2018 9:42:42 PM
Profit is maximized when marginal cost is equal to marginal revenue. TRUE.
.When the quantity supplied is greater than the quantity demanded, what is the condition known as? A. Excess supply B. Excess availability C. Abundant supply D. Disequilibrium
Weegy: When the quantity supplied is greater than the quantity demanded, what is the condition known as - Excess supply. (More)
Question
Updated 1/17/2018 4:36:31 AM
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