Variable costs are relatively high compared to fixed costs

Assignment Help Business Economics

Reference no: EM131005897

Firm incurs two types of costs of production: fixed costs and variable costs. Can you name an industry where the fixed costs are relatively high compared to the variable costs? Can you name another where the variable costs are relatively high compared to the fixed costs? Discuss and provide references

Reference no: EM131005897

Questions Cloud

Barrels-recreational services measured in wilderness days : A federal land holding in Alaska can produce both oil measured in barrels and recreational services measured in wilderness days. Draw a PPF diagram with quantity of wilderness days measured on y-axis and quantity of oil barrels on x-axis. Identify th..

Distinguish between interindustry and intraindustry trade : Distinguish between interindustry and intraindustry trade, providing examples of each. Offer possible explanations for interindustry and intraindustry trade.

Factor proportions theory : Does the factor proportions theory shed any light on Mexican migration to the Unites States? How does it account for US direct investment in Canada?

Impending environmental regulation to control the hazard : Suppose that an impending environmental regulation to control the hazard of premaure death from 5/100,000 to 1/100,000 per year in exposed population of five million people. What is the maximum this regulaion could cost and still have benefits be at ..

Variable costs are relatively high compared to fixed costs : Firm incurs two types of costs of production: fixed costs and variable costs. Can you name an industry where the fixed costs are relatively high compared to the variable costs? Can you name another where the variable costs are relatively high compare..

Rule out a range of yields : What is the approximate YTM on a 12-year semiannual coupon bond with a $1,000 par value and an annual coupon rate of 6% that is selling for $950? What type of bond is this? Without doing any calculations, can you rule out a range of yields? What is t..

Coupon bond with face value : A 20 year coupon bond with face value $100,000 and a 4% coupon rate has a yield to maturity i = 0.08. What is the value of the annual coupon payment? What is the price of this coupon bond?

How its support and criticizes veblen theory : Explain the behaviour of economics and how its support and criticizes veblen theory (minimum 300 words) please.

Suppose a perfectly competitive firm : Suppose a perfectly competitive firm sees that price is $23 in the market place. It notices that the cost of producing the next unit of output is $26. What advice would you give to this firm? Graph and Explain Your Answer

User Account

All Pages