Increase a growth in fixed costs or variable costs

Assignment Help Business Management
Reference no: EM131287677

In February 2015, Wal-Mart announced that it would increase the pay rate for all its lowest paid workers. Is this wage increase a growth in fixed costs or variable costs? Would it be affected by output? If Wal-Mart's sales drop off, how might the store adjust its labor costs?

Reference no: EM131287677

Questions Cloud

Marginal cost of the fourth unit of output : 1. At 4 units of output what are total fixed cost? 2. What is the marginal cost of the fourth unit of output? 3. At 4 units of output what are total variable costs?
Good economic decision in raising the parking fees : Would you say that the open field owner has made a good economic decision in raising the parking fees? Explain the type of price elasticity of demand for parking. Use the mid-point formula.
Calculate the firm''s maximum profit from the two products : Calculate the firm's maximum profit from the two products.
What does it take to make cross-cultural teams successful : What Does it Take to Make Cross-cultural Teams Successful? Your analysis and assessment must evidence understanding of the case's specific characters, context, incidents and circumstances.
Increase a growth in fixed costs or variable costs : In February 2015, Wal-Mart announced that it would increase the pay rate for all its lowest paid workers. Is this wage increase a growth in fixed costs or variable costs? Would it be affected by output? If Wal-Mart's sales drop off, how might the ..
What is the marginal product of capital in situation : Assume that a country's production function is Y = AK0.3L0.7. The ratio of capital to output is 3, the growth rate of output is 3 percent, and the depreciation rate is 4 percent. Capital is paid its marginal product. (Show your work)
Discuss about the safety and violence in the workplace : Discuss about the Safety and Violence in the Workplace.
Determine the price that current designs would charge : Determine the price that Current Designs would charge to complete the repairs for the customer - Current Designs has allocated 2,000 hours of repair time for the upcoming year. The customer has agreed to transport the kayak to the Winona production..
Public health department : a. Ignoring issues of scale, which program is most cost-effective? b. Assuming that the public health department wishes to vaccinate at least 5,000 children, which program is most cost-effective? c. If the health department believes that each vaccina..

Reviews

Write a Review

Business Management Questions & Answers

  Few distributors of light switches

You are one of the few distributors of light switches in your city. You sell your switches in large batches to building contractors. You have noticed that contractors who build residential housing are more price sensitive than contractors who buil..

  Create a simple game

You have a little free time on your hands and decide to create a simple game. Utilize the design tools that you have learned this week to design and program a very simple game. Examples: Movie Trivia, Guess a number between 1-10, Dice, etc.

  Recommendation for how to expand in southeast asia

You are the international manager of U.S. business that has just developed a revolutionary new personal computer that can perform the same functions as existing PCs but costs only half as much to manufacture. Several patents protect the unique des..

  Demand function demand

These two questions have to do with market equilibrium. Please show the steps so I can understand better. 1. (a) Graph the supply function, Supply p = 0.2q+10 and demand function Demand p = -0.4q+70

  Scheduling and network analysis.

Facing problem in scheduling and in network analysis so please provide me solution.

  Executive development trainingexplain what are the specific

executive development trainingexplain what are the specific problems that are associated with development of executives

  Intercultural communication studying cultures select a

intercultural communication studying cultures. select a specific country such as thailand india or nigeria. research

  Small and medium-sized companies

Some observers claim that the internet revolutionizes the way small and medium-sized companies (SMEs) can compete in the global market place. In essence, the internet has created a level playing field for SMEs.

  Realize an economic profit in the long

If a monopolistically competitive firm has some control over pricing, give one reason why it cannot set their price above average total cost so that they will realize an economic profit in the long run?

  Number of ideas for building the motivation of trainees

Describe a number of ideas for building the motivation of trainees before and during a program. What suggestions would you offer for ensuring that trainees are motivated to transfer their skills after they leave the training and are back at their ..

  Explain it is quickly determined that they will need liver

Explain It is quickly determined that they will need liver transplants and many of them are on a waiting list

  Explain what other business challenges must an organization

Explain What other business challenges must an organization take into consideration when expanding globally?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd