The cost of doing business (ACE)

What's volume discount?

• a discount for buying greater quantities

• what a customer actually buys from you

• discount of every item being sold

• a discount of an volume

Define Economy of sale: When a business benefits from it's large customer base due to the ____ of price of unit.

What is the term of what a customer actually buys from you

• Volume Discount

• Economy of scale

• Unit of sale

• Depreciation

What is fixed expenses?

• the entrepreneur estimates of how long their equipment will be used.

• an expense that is fixed to your liking

• an accounting method of dividing the total cost of a item

• A certain amount of money you will have to pay monthly

What's Spongebob's pet name ?

• Pearl

• Gary

• Sandy

• Patrick