Business, 18.09.2019 18:10 Samsonb

What is the relevant range? what role does the relevant-range concept play in explaining how costs behave? a. the relevant range is the band of normal activity level or volume in which there is an abnormal relationship between the level of activity or volume and the variable cost per unit. costs are described as relevant or irrelevant with respect to a particular relevant range. b. the relevant range is the band of normal activity level or volume in which there is no relationship between the level of activity or volume and the cost in question. costs are described as relevant or irrelevant with respect to a particular relevant range. c. the relevant range is the band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the cost in question. costs are described as variable or fixed with respect to a particular relevant range. d. the relevant range is the band of normal activity level or volume in which there is a specific relationship between the level of activity or volume and the related fixed costs. costs are described as direct or indirect with respect to a particular relevant range.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 10:00

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Answers: 2

Answer

Business, 22.06.2019 11:10

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.

Answers: 3

Answer

Business, 22.06.2019 13:40

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Answers: 2

Answer

Business, 22.06.2019 17:00

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Answers: 2

Answer

You know the right answer?

What is the relevant range? what role does the relevant-range concept play in explaining how costs...

Questions