Which of the Following Are Inversely Related to Variable Costs

question 88

Multiple Choice

Which of the following are inversely related to variable costs per unit?
I.contribution margin per unit
II.number of units sold
III.operating cash flow per unit
IV.net profit per unit

• A)I and II only
• B)III and IV only
• C)II, III, and IV only
• D)I, III, and IV only
• E)I, II, III, and IV

Understand the concept of producer surplus and how it is determined in a market equilibrium.

Grasp the concept of consumer surplus and its calculation at the market equilibrium.

Analyze the effects of market shifts on producer and consumer surplus.

Calculate total surplus in a market and understand its significance.

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Definitions:

Kingpins

Essential components in vehicle steering systems that serve as the pivot point for steering knuckles, enabling wheels to turn.

Transverse

Acting in a crosswise direction; for example, an axle on a truck is transversely mounted. Used to describe components (transverse torque rod), positioning (transverse mounted engine), or forces acting on a chassis.

Longitudinal

Refers to something that is oriented or extends in the direction of the length of an object or an entity.

Semi-Oscillating

Pertaining to a movement that is partially rotational or vibrating, often used to describe components in mechanical systems.