Abusiness incurs the following costs: labor: $165/unitmaterials: $95/unitrent: $200,000/month assume the firm produces 3 million units per month. the total variable cost, per month is $ million. the total fixed cost, per month is $ million. the total cost is $ million.

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

What should a food worker use to retrieve ice from an ice machine?

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?