Firm a Owns Produces Both Toothpaste and Toothbrushes

question 12

Multiple Choice

Firm A owns produces both toothpaste and toothbrushes.In order to increase profits the firm must​

• A)​Increase prices for both toothbrushes and toothpaste
• B)Decrease prices for both toothbrushes and toothpaste
• C)Increase prices on toothbrushes and increase the price on toothpaste
• D)​Increase prices on toothbrushes but keep the price on toothpaste constant

---

Definitions:

Logical Function

In computing and mathematics, a function that evaluates a set of conditions and returns a true or false value.

IF

A conditional statement used in programming that executes a specific segment of code if a given condition is true.

VLOOKUP

A function in Excel and other spreadsheet software that searches for a value in the first column of a range and returns a value in the same row from a specified column.

COUNTIF

A function in spreadsheet software that counts the number of cells within a range that meet a single criterion.