Which of the Following Would Be an Example of Increased

question 125

Multiple Choice

Which of the following would be an example of increased effectiveness in vehicle production?

• A)Cutting the amount of labour required to make the product
• B)Cutting the price of the product
• C)Increasing sales of the product
• D)Increasing advertising for the product

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Definitions:

Unit Variable Cost

The cost that varies with each unit produced, including materials and labor directly associated with production.

Marketing Manager

A professional responsible for overseeing the promotion and sales strategy of products or services.

Break-Even Point

The point at which the amount of goods produced or sold matches the total costs, leading to no profit or loss.

Variable Expenses

Costs that change in proportion to the level of goods or services produced by a business.