Increasing the Selling Price and Decreasing Sales Volume Will Increase

question 59

Multiple Choice

Increasing the selling price and decreasing sales volume will increase profit if:

• A) Variable cost per unit remains constant
• B) Fixed cost per unit increases
• C) Total variable cost decreases
• D) Contribution margin increases

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Definitions:

Protists

Eukaryotic organisms that may be unicellular, colonial, or simple multicellular; for example, algae, amoebas, ciliates, and slime molds.

Fungi

A kingdom of spore-producing organisms feeding on organic matter, including molds, yeast, mushrooms, and toadstools.

Evolution

The change in the genetic composition of a population over successive generations, often leading to the development of new species.

Gene Pool

All the alleles of all the genes present in a freely interbreeding population.