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:

Academic Journal

A scholarly publication containing articles, research findings, and reviews from experts in a specific academic field.

Abstracts

Concise summaries of research papers or documents, providing key findings and conclusions.

Equipment Cost

The total expense incurred in buying, renting, or leasing the tools, machinery, and other hardware necessary for completing a task or project.

Replicability

The ability of an experiment or study to be duplicated exactly to verify results.