How are fixed costs different from variable costs?

Fixed costs are costs associated with capital, such as machinery; variable costs are the cost of labor.

Fixed costs do not change no matter how much a business produces; variable costs do change.

Fixed costs only exist in command economies; variable costs only exist in market economies.

Fixed costs are the same for all businesses; variable costs apply to individual businesses alone.

Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Alina davis expects to receive $2000 in six months her bank offers a loan at an annual rate of 5.60% how much could she borrow if she wants to be able to pay of the entire loan (including interest) with the $2000 she will receive in six months? a. $1923.78 b. $1945.53 c. $1887.94 d.$ 1845.57