Which of the Following,if True,would Strengthen Kershner's Argument

question 35

Multiple Choice

Which of the following,if true,would strengthen Kershner's argument?

• A) The total operating expenses were high in the current year.
• B) The company's rent went up 30 percent from the previous year.
• C) The cost of goods sold was low compared to gross sales.
• D) The company is a small one compared to its competitors.
• E) The company has a solid core of fixed assets.

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Definitions:

Necessity

A requirement or indispensability; something that cannot be done without.

Midpoint Method

A technique used in economics to calculate the elasticity of demand or supply, measuring the percentage change in quantity demanded or supplied relative to a percentage change in price.

Price Elasticity

A metric determining how the quantity of a good demanded fluctuates with a shift in that good's price.

Quantity Demanded

The total amount of goods or services that consumers are willing to buy at a given price over a certain period.