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Author Question: Total fixed cost A) increases as output increases. B) does not change as output changes. C) ... (Read 69 times)

meagbuch

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on: Jun 29, 2018
Total fixed cost
 
  A) increases as output increases.
  B) does not change as output changes.
  C) decreases as output increases.
  D) initially decreases and then increases as output increases.

Question 2

Greg and Todd form a partnership and start a business in which each has a 50 percent share of the profit. After a year, the firm goes bankrupt and has debts of 20,000. Greg has no money, but Todd has 25,000 in the bank.
 
  Todd must pay ________ of debt. A) 0 because in a partnership each partner must pay the same
  B) 0 because partners in a partnership have limited liability
  C) half, or 10,000
  D) 20,000


yeungji

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


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