One of the Risks of Using Only the Variable Cost

question 29

True/False

One of the risks of using only the variable cost as a base may tempt managers to cut prices as long as prices are above variable cost.

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Definitions:

Ethical Reasons

Justifications for actions or decisions based on moral principles and values.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning techniques.

Underlying Causes

The root or fundamental reasons behind a symptom, problem, or condition, often hidden or not immediately obvious.

Changing Unwanted Behaviors

The process of modifying or eliminating negative behaviors through various techniques like therapy, behavior modification, or self-discipline.