variable cost
can be fixed or variable
Fixed
not sure
Break Even Quantity The formula is the fix cost/price-variable
inventory (i.e. stock) is an asset, not a cost. It is considered a current asset, however may be illiquid depending on the product
A: A variable power supply has no disadvantage since it can replace a fix power supply. The disadvantage will rest with the additional cost to make one.
fix point means a point that is not going to move variable point means a point that will move under certain conditions
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Learn to study your Business Studies curriculum properly. The fixed cost is the same regardless of the number of units produced. The variable costs are the costs of producing x number of units. The break-even point is where value of sales = fixed costs + variable costs.
The law of variable proportion states that as one input is increased while keeping other inputs constant, the output will eventually decrease. This can lead to changes in the cost curve by affecting the cost of production as more or less of a variable input is used, impacting both marginal and average cost.
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.