When supply is ________ or the product is ________, then price is demand determined.
A: variable; standardized
B: fixed; unique
C: fixed; standardized
D: variable; unique.
A: variable; standardized
B: fixed; unique
C: fixed; standardized
D: variable; unique.
举一反三
- A firm that shuts down temporarily has to pay A: its variable costs but not its fixed costs. B: its fixed costs but not its variable costs. C: both its variable costs and its fixed costs. D: neither its variable costs nor its fixed costs.
- A business sells product B. The fixed costs of the business are $125,000. The variable cost of product B is $25 and the required profit is $50,000. Expected production is 12,500 units. What is the selling price of product B?______
- When a factory is operating in the short run, A: it cannot alter variable costs. B: total cost and variable cost are usually the same. C: average fixed cost rises as output increases. D: it cannot adjust the quantity of fixed inputs.
- A retail business buys and sells product X. The variable cost for product X is $3 per unit and the fixed costs of the business are $75,000. The selling price is $7 per unit.What is the break-even sales volume of product X?______
- Psychologists usually use the method of ( ) to control the problem of artificiality in experiments. A: broadening the number of definitions for the operationalized variable B: deception C: standardized instructions D: standardized procedures