If the Break-Even Volume Doubles, This Suggests That

question 42

Multiple Choice

If the break-even volume doubles, this suggests that

• A)variable cost has increased.
• B)fixed cost has increased.
• C)selling price has decreased.
• D)the variable or fixed costs have increased or selling price has decreased.

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Definitions:

Supply Schedule

A table or graph showing the quantity of a product that producers are willing to supply at different prices over a specified period.

Supply Curve

An illustrated depiction that maps out the connection between a product's price and the volume of the product that providers are ready to sell.

Supply

The total amount of a product or service that is available for consumers.

Demand

The quantity of a product or service that consumers are willing and able to buy at various prices during a certain period.