Because all the government officials have high salaries!
The population has aged, so the program costs the government more to run.
MSRP is $100.
it costs about €500
It costs about $22 a year, or about $2 a month. It really depends on how much you run it.
A Top Fuel car costs betweem $15,000 and $20,000 a RUN.
the population has aged, so the program costs the government more to run
$10
Costs are variable to run a wind turbine , the major cost is in the set up , after that it's just maintenance. The variables are size, power output, setup costs, etc...
For a given configuration of plant and equipment, short-run costs vary as output varies. The firm can incur long-run costs to change that configuration. This pair of terms is the economist's analogy of the accounting pair, above, variable and fixed costs
There is no fixed answer because all costs are subject to change in the long-run.
When owning a car, it is important to know how much the repair costs run. The cost to replace a horn in a 1988 Honda Accord varies based on the reason why the horn when it out. Generally, it can cost between $20 to $100+ based on many factors.
A firm would still operate if revenues are below total coots, but not if revenues are below variable costs. The reason is that as long as revenues are above variable costs, the firm will earn a difference to contribute to the fixed costs (fixed costs are costs that a company has to pay in the short-run whether it operates or not). If the firm stops operating in the short-run, it will have to pay for the full fixed costs (e.g., rent, some fixed labour) If revenues are below variable costs, for every unit of production, the company loses the difference and does not contribute to the fixed costs. It is more economical to shutdown in the short-run.