In Margin Sensitive Organizations, a Small Increase in Price Can

question 12

Multiple Choice

In margin sensitive organizations, a small increase in price can lead to:

• A) a large increase in sales
• B) a large increase in earnings
• C) a decrease in costs
• D) none of these are correct

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Definitions:

Dim Room

A dim room is a space where the lighting is intentionally kept low, either for ambiance, to reduce energy consumption, or to facilitate certain activities or experiments.

Widens

To become broader or more open in space or time.

Hue

A color or shade in the spectrum, distinguished by its wavelength of light.

Wavelength

The distance between successive crests of a wave, typically used in the context of electromagnetic waves.