Flexible expenses definition economics11/3/2023 ![]() ![]() These examples are programmatically compiled from various online sources to illustrate current usage of the word 'economics.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Isiah Magsino, Town & Country, 25 July 2023 See More For instance, if a company purchases a product for 30 and is able to sell it for 50, the company's cost of goods sold will be a constant rate of 60 (30 / 50). Another example of a variable expense is a retailer's cost of goods sold. 2023 Following the success of his Gypsy theater production in 1959, Sondheim received an economics education from a friend who inspired him to invest in real estate. The total credit card expense varies with sales because the fee has a constant rate of 3 of sales. For example, a business may allow employees to charge certain meal and. Mass–Amherst, whose economics department is known for being ahead of the curve on issues including the minimum wage, price controls, and health care. Discretionary Expense: A discretionary expense is a cost that is not essential for the operation of a home or a business. To supply goods and services that are not supplied by the private sector, such as defense, roads, and bridges merit goods such as hospitals and schools, and welfare payments and benefits including unemployment and disability benefits. ![]() Yves Laurent Goma and Sam Mednick, Chicago Tribune, 30 Aug. 2023 In weekend elections, Bongo faced an opposition coalition led by Albert Ondo Ossa, an economics professor and former education minister whose surprise nomination came a week before the vote. : able to change or to do different things. Our schedule for the weekend is very flexible. Shes been doing exercises to become stronger and more flexible. Yves Laurent Goma and Sam Mednick The Associated Press, Arkansas Online, 31 Aug. a material that is both strong and flexible. 2023 In weekend elections, Bongo faced an opposition coalition led by Albert Ondo Ossa, an economics professor and former education minister. 2023 The woman speaking is Mariana Mazzucato, an economics professor at University College London and one of the commission's co-chairs. in 1930, Buffett graduated from Columbia University with an economics degree in 1951. 2023 The Mansion Shobi Dahl succeeded as an entrepreneur and angel investor for startups by seeing an economics degree earned in 2005 as a way to study human decision making. Fixed costs are expenditures that do not change regardless of the level of production, at least not in the short term. Audrey McAvoy and Jennifer Sinco Kelleher, The Christian Science Monitor, 8 Sep. A flexible budget is a budget that changes based on your actual production or revenue. Recent Examples on the Web Travel to areas outside West Maui should return to pre-fire levels by Thanksgiving, predicted Carl Bonham, an economics professor at the University of Hawaii at Manoa.
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