If One Defines Incremental Cost as the Change in Total

question 8

Multiple Choice

If one defines incremental cost as the change in total cost resulting from a decision,and incremental revenue as the change in total revenue resulting from a decision,any business decision is profitable if:

• A) it increases revenue more than costs or reduces costs more than revenue
• B) it decreases some costs more than it increases others (assuming revenues remain constant)
• C) it increases some revenues more than it decreases others (assuming costs remain constant)
• D) all of the above
• E) b and c only

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Definitions:

Iroquois Confederation

A historic alliance of six Native American tribes in the northeastern United States, known for their sophisticated political system and influence in the region.

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Refers to the reigning kings and queens who have ruled Spain throughout its history.

Iberian Peninsula

A European peninsula located in the southwest corner of Europe, occupied by Spain and Portugal.

Portuguese

Refers to something of, from, or related to Portugal, including its culture, people, or language.